Not. One. Cent. That's how much company tax 50 fossil fuel companies paid in the last six years. Here are the 10 biggest tax avoiders ⬇︎
#MakeExxonPay
#ActOnClimate
A win for accountability!
@Adaniports
has been REMOVED from the DJ Sustainability Index after a coalition of groups provided evidence of links to
#myanmar
military, Carmichael coal project & ecological damage at port sites.
#StopAdani
.
@JoeKaeser
uses a load of rubbish from Matt Canavan to justify helping Adani open up one of the world's biggest coal reserves as Australia burns.
@Siemens
you can kiss your sustainability credentials goodbye.
Out of 168 countries, Australia has been ranked fourth last for climate action.
The only countries Australia is ahead of on climate action are Qatar, Brunei and the United Arab Emirates.
Morning
@Barclays
- we wanted to say congratulations for funding the most fossil fuels between January and
#COP26
, so we redecorated your Glasgow Southside branch 😍
“What we’ve often found is, when you give quiet Australians a voice, they tend to speak out against projects like the Adani mine.”
@ScottMorrisonMP
wants quiet Australians. We think it's time everybody speaks up.
#ClimateCrisis
The
@chaser
awarded
@NAB
the prestigious 2021 Green Brush award for
#greenwash
after the bank claimed a $500 million loan it arranged for the the world’s largest
#coal
port was linked to
#sustainability
🤔 Watch now:
We need to let Siemens know we won't back down. We will attend Siemens AGM in Germany to bring voices that can speak to the devastating impacts of climate change already taking place. But we need your help to get there. Can you chip in to our crowdfunder?
An Indian court has cancelled the approval for an expansion of Adani's Udupi coal-fired power station and fined the company for the environmental and economic damage the existing plant has caused.
#StopAdani
While Aus super funds like
@UniSuperNews
are refusing member demands to dump fossil fuels, the New Zealand government has just announced all default pension funds in NZ will exclude coal, oil and gas producers from 2021 via
@canberratimes
#UniSuperDIVEST
OK, this is massive. [thread]
Adani's main construction contractor for the Carmichael coal project, BMD, has admitted that it has been unable to get insurance (public liability, enviro protection, director & officer).
#StopAdani
#InsureOurFuture
Audit Office assessment of the $450m govt spent on 'clean coal' technology:
✖️No CO2 saved
✖️No technology ready to deploy
✖️No strategic direction
✖️No oversight over projects
✖️Little accounting for the spending
#auspol
INCREDIBLE! Two days after the China Construction Bank rules out Adani's Carmichael
#coal
mine, the world's biggest commercial bank - Industrial and Commercial Bank of China does the same!
Our giant mural in
#Melbourne
might be funny, but
@NAB
’s funding for
#fossilfuels
is no laughing matter. Since 2016, NAB has loaned over $9.5 billion to coal, gas and oil. NAB must rule out funding companies and projects expanding the fossil fuel industry.
#DontBankOnIt
As much as the media has focused on his infidelity and alleged rorting, we reckon
@Barnaby_Joyce
's biggest crimes are those against sensible climate policy. So here goes, a thread...
#auspol
1/
It's decision time.
@JoeKaeser
and
@Siemens
, the last thing the global climate needs right now is a massive new thermal
#coal
basin being opened up. Make the call - walk away from Adani's climate-wrecking Carmichael project!
Take action:
We're on the hunt for a new electricity retailer, as
@PowershopAus
has been bought by
@Shell
, a company fighting a court ruling that it must set Paris-aligned emission targets, when not in court over its oil spills in Africa
The science is clear. There is no room for any
#coal
, oil or
#natgas
expansions if we're going to avoid the worst impacts of
#GlobalWarming
.
Gas must be phased out, not expanded. This is using public money to fuel more deadly
#bushfires
.
Scott Morrison's attempt to throw $500 million (of already committed money) at Pacific Islands hasn't prevented them trying to call for a
#climatechange
emergency, which of course Australia has helped scupper. Absolutely shameful.
And that's how it's done
#Australia
! Spain is closing down almost all its
#coal
mines by the end of 2018.
Coal miners will be offered a mix of early retirement, environmental restoration work in former mines & re-skilling in green industries.
Doesn't look like the people of
#Wentworth
fell for the government's false dichotomy of
#climatechange
action vs lowering energy costs. People want and can have both.
#Coal
's toxic influence on politics not helping anyone.
Today Whitehaven Coal confirmed it has failed to refinance its $1 billion bank loan, which
@NAB
and
@Westpac
were contributors to.
This means none of Australia's big four banks are funding the country's biggest pure-play coal miner. 👏
Shareholder: "Do you believe in climate change?"
Chairman Robert Millner: "It's a very difficult question to answer..."
Just one of many astonishing comments at today's W.H. Soul Pattinson (ASX:SOL) annual general meeting (AGM). Read more:
@JoeKaeser
@Siemens
Good to hear - though we did write to you about this two weeks ago so please don't say you weren't aware of the issues and why we need to
#stopadani
A time frame for when we can expect your answer would be appreciated.
#BREAKING
Woodside’s shareholders have fiercely rejected the
#oilandgas
company’s dangerous climate plan with a world record-breaking 58.4% vote against it.
This is the fifth year in a row investors have demanded
@WoodsideEnergy
cleans up its act.
#auspol
#climate
How has the fossil fuel industry come to enjoy such a cosy relationship with our politicians? The most recent data on political donations is out and it makes for ugly reading:
Huge win!!!
"This outcome should represent a significant shift in the market's willingness to tackle climate risk—a shift which should set a clear precedent for the industry in Australia, and also pension funds around the world," -
@dbarnden
Shareholders, activists, one after another, slammed
@Siemens
' CEO
@JoeKaeser
and Board at its AGM yesterday over their unconscionable support for Adani's dirty
#coal
project. Check it out:
#StopAdani
Two insurers say no to Adani in as many days!
Since this article was published, we have received confirmation that
@CanopiusGroup
has withdrawn any interest in insuring both the
#coal
mine and rail line.
Well done to those that took action!
#StopAdani
Media is reporting that one of the world's top-10 bond arrangers,
@DeutscheBank
, has refused to take part in this week's
@Adaniports
bond issue after '000s of our supporters pointed out the links between Adani Ports and the
#climate
-wrecking Carmichael
#coal
project!
#StopAdani
We presume then, that Whitehaven Coal's board will all be going to prison after the company again broke the law last week, breaching its environmental conditions for the umpteenth time? And Adani's executives will be spending the rest of their lives in jail?
BREAKING: Sergeio, 22, has been sentenced to 12 months in prison, 6 months no parole, for direct action at the world's biggest coal port.
He said: “We’re taking our future back. When Australia decides it’s going to destroy it’s people through ecocide, the people will rise up”.
.
@AMP_AU
appoints renowned
#climatechange
denier David Murray as its new Chairman. Apparently, this is the kind of new thinking and fresh start amp wants to tackle the challenges of tomorrow.
Huge news: more than a fifth of
@WhitehavenCoal
's shareholders just rejected the company's climate-wrecking coal expansion plans, instead demanding $WHC manage down coal production and deliver a just transition in line with a net zero emissions by 2050 pathway
Today's BIG news -
#Australia
's biggest coal underwriter
@QBE
will end its underwriting of new coal mines, plants & transport networks on 1 July & phase out entire thermal
#coal
business by 2030.
It will also
#divest
from coal in its direct investments.
Adani has to pay back lenders to the Abbot Point
#coal
export terminal, as it struggles to refinance its bonds. With $1 bn of debt due by 2022, that's a lot of money Adani wouldn't be able to spend on the Carmichael mega coal mine.
#StopAdani
HAPPENING NOW: We're outside
@StanChart
in London giving their headquarters a rebrand.
Standard Chartered claims it's "Here for good" but what does that mean when they keep funding fossil fuels?
#hereforfossilfuels
In 2015,
@Westpac
committed to keeping global warming below 1.5 degrees under the Paris climate agreement. But since then, the bank has loaned a staggering $5.4 billion to the fossil fuel industry and only $1.9 billion to renewable energy.
Extremely disappointing to see
@ANZ_AU
and
@Westpac
pouring significant new money into fossil fuel projects during 2018-19, despite making commitments on climate action.
.
@DeutscheBank
is reportedly preparing to raise funds for
@WhitehavenCoal
's climate-wrecking
#coal
business. The bank’s coal policy is meaningless if it can still arrange funds for Whitehaven – a company planning massive new coal projects.
#StopWhitehaven
With
@Westpac
's move today, 2 of Australia's big-4 banks, and all 3 Aus major general insurers will now be exiting thermal
#coal
by 2030.
If you want your power station or mine open past then, it's going to get tough.
#divest
See our full analysis:
Farmers like Peter Lake are on the frontlines of
#climate
disasters. They're demanding all banks cut ties with Santos gas, worsening climate change.
Add your voice to the mass demanding
@ANZ_AU
,
@NAB
and
@Westpac
cut ties with Santos now. And please SHARE
BREAKING: News from inside the
@Cardno
AGM which just finished - Cardno has decided to do no further work on the Adani Carmichael coal project, once a current contract finishes in a few weeks.
That's 60 major companies now out!
@GHDspeaks
time to do the same.
#StopAdani
.
@UniSuperNews
has taken its first step towards fossil fuel divestment by dumping thermal coal mining companies. Congratulations to everyone involved in the
#UniSuperDIVEST
campaign, now lets keep up the pressure for complete fossil fuel divestment!
BREAKING: We're at the
@Worley_ECR
AGM in Sydney right now and it has ruled out working on the Adani Carmichael
#coal
project!
"We are not working on the Adani project and we have no intention to"
61 companies now refusing to work on the
#climate
-wrecking project.
#StopAdani
Convex Insurance has ruled out insuring the Adani Carmichael coal mine, becoming the 43rd insurer to do so, and has ruled out insuring new coal mines.
All eyes are now on
@HelvetiaGroup
, one of the remaining insurers who haven't ruled out the mine.
Adani's brand has become so toxic not even Adani wants to use it.
Meet the port formerly known as Adani Abbot Point. Despite yesterday's name change it is still the same heavily indebted, wetland polluting, fossil fuel exporting catastrophe.
#StopAdani
“Contrary to statements by the Adani corp and members of the Aus gov, we have never given our free, prior & informed consent to the extinguishment of our rights, or the development of the Carmichael mine on our traditional lands”
#StopAdani
@Siemens
.
@HSBC
's new climate policy, released today:
🔥Continued investment in companies building 99GW of new coal plants
🔥Riddled with coal-friendly loopholes
🔥Oil and gas financing still permitted despite "net zero" goal
Our reaction:
Vale Bill Ryan. A hero and an activist it was a true honour to campaign alongside.
Colin and the rest of Bill's family, our thoughts are with you and if you need anything, we're ready to help.
WIN!
@DeutscheBank
has withdrawn from Whitehaven Coal's bond issuance. This is a huge
#win
for our people-powered campaign to stop Deutsche Bank’s funding of
#WhitehavenCoal
.
Just a friendly reminder that even if Malcolm calls us, we won't take down our analysis of fossil fuel companies not paying tax...
#ActOnClimate
#MakeExxonPay
A coalition of 21 organisations from nine countries around the world have launched a public campaign calling on Bank of China to end financing for new coal projects, and finance the replacement of fossil fuels with clean, renewable energy.
The UK's biggest listed fund manager, Aberdeen Asset Management, describes protest as “an effective and vital part of a democracy”, in response to
@ScottMorrisonMP
's attacks on campaigns to shift
#finance
and
#investment
to protect the
#environment
.
"We would 100% boycott companies doing work with coal, oil and gas and refuse to work for them"
👏👏💪eng students standing up for their future and refusing to work with companies like
@GHDspeaks
&
@CalibreGroupAus
which are helping Adani.
#StopAdani
🏁 We have a winner! 🏁
Congratulations
@Barclays
you're the UK's no. 1 fossil fuel-funding bank this year! You win the prize that no bank wants to win... the 2021 Race to Disaster award! 🍾
Adani Ports investors are running for the exit! At least 11 major financiers have either divested and/or set exclusions on
@Adaniports
over links to the Myanmar military and Carmichael coal mine.
#StopAdani
Overnight we published this ad about
@DeutscheBank
’s
#coal
funding in
@DIEZEIT
, one of Germany’s most read newspapers. Deutsche Bank must not arrange finance for Whitehaven Coal, a company that is planning THREE new or expanded coal mines.
#Thread
🧵
New data we’ve released today shows
@ANZ_AU
,
@CommBank
,
@NAB
and
@Westpac
have continued undermining their commitments to net-zero emissions by 2050 and the Paris Agreement by pumping billions into companies and projects expanding the fossil fuel industry.
A whopping 35% of
@WoodsideEnergy
shareholders have just voted against the re-election of director Ian Macfarlane at today's AGM, a clear protest against the company's woeful
#climate
strategy.
When will Woodside listen to its investors and drop its reckless gas expansion plans?
They're ruining our chances of a safe climate while paying no tax. 31 of the biggest polluters have not paid ANY company tax in the last five years. Here are the 10 biggest tax avoiders ⬇︎
.
@Chevron
has paid more in political donations ($612,993) than it has in tax...
2013/14 $3b revenue, $0 tax
2014/15 $3.1b revenue, $0 tax
2015/16 $2.1b revenue, $0 tax
Total: $8.3b revenue, $0 tax
Another delay, and slow progress overall, looks very much like a Carmichael
#coal
project struggling to inch forward. More evidence that we can
#stopadani
if we keep this pressure up!
Our hard-hitting 8m mural is up in Surry Hills, Sydney!
We're calling on
@Westpac
to stop lending to companies expanding the
#coal
, oil and gas sectors and to set dates for phase-out of
#fossilfuels
exposure.
Join us on 20 March:
#ClimateCrisis
#divest
We've lodged a complaint to ASIC about potentially misleading statements by
@SantosLtd
on gas expansion.
“We're concerned that Santos’ conduct may mislead investors into thinking the company is more environmentally friendly than it really is.”
#energy
By considering building a new coal power plant,
@Samsung
is risking its reputation as a technology leader. Samsung should join the other companies that have walked away from Vung Ang 2 and dirty coal power
#wrongcalloncoal
#badcallsamsung
#nocoalsamsung
Engineering firm
@AECOM
has "demobilised" workers on Adani's rail line for the Carmichael mega
#coal
mine. That's the last big engineering partner Adani had, handing over their work and moving on.
#stopadani
#climatechange
#actonclimate
BREAKING: Kyle Magee has been denied bail in Bowen Magistrates Court and remanded in custody until his next court date on February 8th. He was arrested after disrupting Adani's coal train for over 20 hours, and charged with four offences including, bizarrely, fraud.
The global financial system is invested in a world set to warm 4 degrees. Economic upheaval is certain, thanks to the wilful blindness of major financial institutions. Whether that upheaval leaves us with a livable planet, that's what we have to fight for