Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


Westpac Must Stop Funding Climate Chaos and Dump Denniston

Westpac Must Stop Funding Climate Chaos and Dump Denniston

Auckland, 15 October 2013 - Today 350 Aotearoa and Coal Action Network Aotearoa launched a nationwide campaign demanding that Westpac withdraw its financial support for Bathurst Resources, the company that plans to mine the Denniston Plateau.

Supporters from the two groups created a “climate crime scene” outside Westpac’s Head office in Auckland’s Takutai Square today, delivering a letter to CEO Peter Clare, accompanied by bags of coal. The message was simple: Stop funding climate change.

Bathurst Resources plans to dig up to 84 million tonnes of coal from the West Coast’s beautiful Denniston Plateau that would add up to 218 million tonnes of carbon dioxide into the atmosphere and have a devastating effect on the area’s unique ecosystem. Westpac is providing financial backing for this project.

“Westpac says it puts sustainability at the heart of its culture and that this commitment covers operations as well as lending,” says Kristin Gillies, Coal Action Network Aotearoa spokesperson.

“The opencast Denniston coal mine is one of the most unsustainable and climate changing projects planned for New Zealand and Westpac should dump this dirty business.”

At least 80% of fossil fuels reserves must remain unburned if the world is to have a chance of staying below 2 degrees C of warming. The World Bank and European Investment Bank have recently announced their intentions to stop lending to coal projects, based on climate change concerns.

“Banks are waking up to the financial and ethical responsibility to stop funding coal. We’re asking Westpac to do the same, and stop this dirty lending,” said Ashlee Gross, 350 National Coordinator.

A website has been launched where the public can send letters to Westpac calling on them to ‘Dump Denniston.’ http://gofossilfree.org/nz/westpac

350 Aotearoa are also holding a Divestment Forum at 6pm tonight, 15th October, at the University of Auckland. A panel of expert speakers will explore the impacts and possibilities of the worldwide fossil fuel divestment movement. It will be held in Room 401, Building 401, 20 Symonds St.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Werewolf: John Pilger, And Making War On China

In July, the New Zealand Defence Force is scheduled to join the latest round of Talisman Sabre, a huge training exercise that Australia carries out biennially in conjunction with all four arms of the US military.

Last time around in 2015, New Zealand contributed 650 personnel, 45 vehicles and two of our $NZ771 million dollar fleet of NH90 helicopters to this regional war game.

What’s weird is that Talisman Sabre is actually a rehearsal for an assault on China and its ability to defend itself. More>>

ALSO:

 
 

Urban Planning Report: Momentum Grows To Replace The RMA

A major new report from the Productivity Commission lays the foundation for action on the growing political consensus that the Resource Management Act and associated laws are failing both cities and the natural environment and need a complete rewrite. More>>

ALSO:

Vaping: Quitline Supports Decision To Legalise Nicotine E-Cigarettes

Today Associate Minister of Health, Hon Nicky Wagner has announced that Government are taking the proactive step of legalising nicotine e-cigarettes, a move which Quitline is pleased to hear and support wholeheartedly. More>>

ALSO:

Gordon Campbell: On The Labour/Greens Deal (And The NZDF)

If Labour and the Greens were hoping their Budget Responsibility Rules (BRR) agreement would foster an unlikely alliance then hey… mission accomplished! Because it isn’t every day that Sue Bradford, the CTU and Matthew Hooton speak with one voice, as happened yesterday. More>>

ALSO:

Until After The Election: Extension Of Report-Back Date For Havelock North Inquiry

Attorney-General Christopher Finlayson announced today that the report-back date for the independent Inquiry into Havelock North Drinking-Water has been extended at the request of the Inquiry’s Panel. More>>

ALSO:

Little Heading For Court: Apology Over Donation/Hotel Contract Claims Not Accepted

Today I want to publicly apologise unreservedly to Mr Hagaman for any hurt, embarrassment or adverse reflection on his reputation which may have resulted from my various media statements. I have offered that apology to the Hagamans. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news