more news about our friends, the Banks!
Amongst the news items in the last week was the report on the enormous profits by Australia’s Commonwealth Bank. This one slipped through while the media was taken up with all the usual superficial distractions.
In a piece by Ian Lowe, President of the Australian Conservation Foundation, he speaks of the links the ANZ Bank has to climate change. Apparently the bank makes big loans to coal export companies.
This link between bank (and many other organisations) is explored in Guy Pearse’s book Greenwash.