Australian Banks don't risk the Reef!

To Australian Banks:

The World Heritage listed Great Barrier Reef is at risk from dredging and dumping associated with the expansion of the Abbot Point Coal terminal.

As a concerned member of the community, I request that you make a clear public commitment to rule out any involvement in arranging or providing finance for new coal terminals (either directly or indirectly) at Abbot Point, and related coal mine and rail infrastructure.

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info_austbanks_petition2014 org_MCG

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Showing 27 reactions

Shubham Jain signed 2016-01-29 16:59:18 +1000

Shubham Jain
Oscar Mozer signed 2015-08-20 18:03:45 +1000
Diana Labiris signed 2015-08-19 18:58:13 +1000
Kate Noble signed 2015-07-09 11:13:53 +1000
gracie white signed 2015-03-26 12:34:17 +1000
Arno Meier signed 2015-01-15 02:06:14 +1000
Alexander Lester signed 2015-01-02 16:02:13 +1000
Hilary Kuhn signed 2014-12-23 05:34:08 +1000

How could you even consider financing the destruction of such valuable wetlands? This is not ignorance but only blatant environmental vandalism.
Oliver Swingler signed 2014-11-19 02:15:14 +1000
caitlin leydon signed via Sarah Corbett 2014-11-02 19:05:50 +1000
Lewis Macmaster signed via Sarah Corbett 2014-11-01 14:38:50 +1000
Andrew Corbett signed via Sarah Corbett 2014-11-01 14:04:26 +1000
Emily Schulz signed via Sarah Corbett 2014-10-31 21:00:30 +1000
Margaret Corbett signed 2014-10-30 15:56:50 +1000

I cannot believe this is even being considered, the effect it will have on our wildlife is NOT worth ANY AMOUNT OF MONEY. You can’t put a price on Australia’s beautiful wildlife, and I am absolutely dismayed that it is even being considered. As Australians we will not benefit from this, only a few individuals will cash in at the death of so many and the destruction of so much. I am currently with Commonwealth bank and I will definitely, with out a doubt change banks if this money making killing scam goes ahead.
Sarah Corbett posted about this on Facebook 2014-10-30 15:44:49 +1000
Sign the petition: Australian Banks don't risk the Reef!
Anne Dunne signed 2014-08-14 15:12:47 +1000
Brooke McReynolds signed 2014-08-14 08:11:04 +1000

Please don’t invest money to spoil our Great Barrier Reef! Surely preserving the Reef is more profitable.
Erin O'Brien signed 2014-08-13 20:58:39 +1000
Maureen Cooper signed 2014-08-13 10:31:36 +1000

A bank that signs off on the death of our reef will be the pariah of the world.
Pam Faulkner signed 2014-08-13 08:57:06 +1000

Please do not finance the trashing of The Great Barrier Reef – that really makes no sense at all.
Stephen Bulloch signed 2014-08-13 05:35:57 +1000
Katherine Brunner signed 2014-08-12 20:17:11 +1000
Julie Turner signed 2014-08-12 20:10:48 +1000
Peter Dallas signed 2014-08-12 19:52:03 +1000
William Moffat signed 2014-08-12 17:30:07 +1000
Alison Hosken signed 2014-08-12 17:20:24 +1000
Meredith Ziegler signed 2014-08-12 16:48:39 +1000

As a long standing customer of Westpac (over 20 years) I would be incredibly disappointed to know that as a business Westpac was supporting the expansion of Abbot Point.

On the Westpac website there is a picture of people scuba diving a reef (see "reach your goals faster with personal loans’). The CEO acknowledes the impact of climate change. Additionally, Westpacs has an aim of assisting customers to transition to a low carbon econmy. Westpac claims to factor in environmental considerations into its lending and investment decisions thorughthe ESG.

Consequently, unless this is all just PR spin, Westpac should not invest in such a project.

Globally there is no long term futuer in coal.