Which bank is still funding dirty coal?

As the year winds down, things are heating up for the Big 4 banks. At the NAB, ANZ and Westpac AGMs this week, the big question for the banks is which of them has agreed to finance Accel Energy, AGL’s coal-burning, climate wrecking spin-off?

Electricity prices are set to fall to their lowest level in years as renewables drive down costs, and Australian businesses are shifting into gear to tackle the climate crisis. Sixty of Australia’s top CEOs have even clubbed together to provide policy suggestions for next year’s election - will the major parties take note?

Westpac, ANZ and NAB to face shareholders this week
At this week’s run of bank AGMs questions will be asked of all three banks about AGL Energy’s Accel spin-off, which is seeking about $800 million in debt financing.

Elon Musk's Tesla to back central Queensland battery project in Australian-first partnership
US company Tesla has its sights set on central Queensland for an energy project and, in a first for Australia, will provide long-term financial support.

Electricity prices fall to lowest level in years
Households are paying 8 per cent less for electricity on average after two years of tougher rules on suppliers and a steady fall in wholesale costs, leading the competition regulator to forecast continued gains in the year ahead.

Chanticleer CEO poll: Election policy ideas of our 60 top CEOs
Australia’s top 60 CEOs want to see action to address climate change and skills shortages at next year’s federal election.

State Super to decarbonise $43b portfolio
One of Australia’s biggest and oldest superannuation funds says its investment managers are on notice to manage the carbon intensity in their equity investments, as it joins the growing ranks of investors targeting net zero.

Climate shifts from risk to business imperative
Climate change and the goal of achieving net zero emissions is now clearly not just a long-term risk issue for business, writes KPMG’s Barry Sterland