Do you want Westpac to lend money to Adani to build their massive Carmichael coal mine in Queensland? They’ve refused to rule out a loan and ignored our hundreds of emails, calls and letters. What better way to make our message loud and clear than being outside their branches all over Australia? It’s started already in major cities, and next week we’re taking the message to Albury-Wodonga.
Please join us for a peaceful protest outside the Albury Westpac branch next Friday 17th March. What’s at stake? Our reef, our planet and our future.
WHEN 1:00-1:30pm Friday 17th March 2017
WHERE Westpac, 613 Dean St, Albury
SPEAKERS Dr Rosie Saxton, Damian Gill and Tracey Esler
CONTACT Tracey Esler – firstname.lastname@example.org
If you can, wear a touch of red and bring along your friends!
This action is supported by GetUp!, WATCH, 350.org, Albury Greens and Market Forces.
Why this mine must not be built
The massive Adani Carmichael coal mine is disastrous. Producing 130 million tonnes of carbon dioxide annually, the burning coal from this mine will have a huge impact on global temperatures, affecting not only the Great Barrier Reef but our entire planet.
At the associated Abbott Point port, millions of tonnes of dredging and the inevitable coal dust and shipping accidents will cause massive damage to our already severely stressed reef. This could prove to be the final nail in the coffin for our beloved Great Barrier Reef.
Adani’s appalling track record
The mine operator, Adani, has an unbelievably appalling track record of both corruption and environmental vandalism, both in India and other countries in which it has operated. See here for details: http://adanifiles.com.au/
Response from other banks
Recognising these risks, combined with the assessment that the mine is likely to become a stranded asset in the wake of falling global coal demand, twelve major banks worldwide have refused to fund the project. But Adani still requires the support of one of our big four banks. NAB have declined, with the Commonwealth and ANZ making similar noises. But Westpac hasn’t ruled it out and will make a decision next month. Could Westpac be responsible for the straw that breaks the camel’s back – the point of no return for our Reef and the planet?