The pristine landscape of South Africa's Wild Coast is under threat from mining, writes Hal Rhoades, and the communities standing up to defend the land are facing deadly consequences: harassment, threats, physical assault and murder. Attacks on mine opponents have taken four lives so far and many others have been injured. But the opposition is growing and gaining international support.
… Mining, money and murder: the deadly struggle … Wild Coast Hal Rhoades | 12th May 2016 News Mining South Africa Africa Indigenous Peoples … Africa's Wild Coast is under threat from mining, writes Hal Rhoades, and the …
London-listed copper giant Antofagasta has been entangled in scandals in Chile involving water depletion, dangers to local communities, corruption of national politics and environmental contamination, write Ali Maeve & Liam Barrington-Bush. Yet the London Stock Exchange remains silent. Following the company's AGM last week, a new London Mining Network report puts their actions and operations into the spotlight.
… | 1st June 2017 Ethical Living Chile Mining Finance Water Pollution UK Corporations … the company's AGM last week, a new London Mining Network report puts their actions and … operations into the spotlight. The biggest mining waste tailings dam in Latin America is …
OceanaGold is demanding $300 million in compensation from impoverished El Salvador after a mining permit was refused to safeguard a clean drinking water source that millions of people depend on, writes Pete Dolack. The sum does not even represent losses - but profits the company claims it would have made.
… A mining company's $300 million attack on El … water Pete Dolack | 5th October 2014 News Mining Finance El Salvador … from impoverished El Salvador after a mining permit was refused to safeguard a clean … claims it would have made. An Australian mining company insists its 'right' to a …
Campaigners have forced the biggest shareholder in a titanium mining project on south Africa's 'Wild Coast' to withdraw, reports Rachel Lees. But they now fear the project itself will continue under the auspices of local 'front' companies, while the big profits enrich the British and Australian investors that are the real masters of Africa's neo-colonial minerals boom.
… Victory in the campaign against mining South Africa's Wild Coast - but it's … over yet! Rachel Lees | 21st July 2016 News Mining Africa South Africa Finance UK … forced the biggest shareholder in a titanium mining project on south Africa's 'Wild Coast' …
Indian coal firm Adani is struggling to finance its proposed mega coal mine in Australia's Galilee Basin, write Marina Lou & Christine Ottery, as promised government support evaporates and a major investor looks set to pull out.
Money dries up for Great Barrier Reef coal project Marina Lou Christine Ottery Greenpeace Energydesk | 16th March 2015 News Australia India China Coal Fossil Fuels Finance Oceans Climate Change …
As part of a global week of action campaigners from Divest London have gathered to ‘Raise the Heat' on the Commonwealth Bank of Australia, writes Hal Rhoades - protesting its plan to invest in a ‘carbon bomb' coal project that endangers global climate and threatens to finish off the Great Barrier Reef.
… the calcium carbonate structures. To make mining at Carmichael possible, Adani must …
Sanctions against Russian natural resource tycoons could be good for the environment, writes eco-campaigner Konstantin Rubakhin - if only they would target the right people. But so far, the EU has been turning a blind eye to powerful Kremlin insiders with an open licence to pollute and destroy.
… | 19th September 2014 Comment Russia EU Mining Oil Finance Law … case from a corrupt police force. Nickel mining in Khoper Take, for example, our situation with the protests against the mining of nickel in Khoper. Experts are …
A powerful call has gone out the the US Export-Import Bank not to finance a massive coal mine, railway, port terminal and dredged 'canal' through Australia's Great Barrier Reef with $1 billion in loans and guarantees.
US tax dollars must not finance $1bn Great Barrier Reef destruction! The Ecologist | 20th February 2015 News Coal Fossil Fuels Australia USA Finance Climate Change Natural World Oceans …
Russia's Lake Baikal is under threat by a massive dam and pipeline on the main river that feeds into it, that would supply mines with power and water, writes Anson Mackay. In line to fund the project? The World Bank.
… | 19th April 2015 News Finance Water Energy Mining Russia Mongolia Natural World … power and water for the country's booming mining industry. However environmental groups … invasive algae along its coasts, unregulated mining and a water level which just passed a " …
JP Morgan's announcement that it's pulling out of coal is purest doublespeak, writes Assaad Razzouk. But it's not the only financier to engage in climate hypocrisy, as banks prepare to lend $5 trillion to build 2,440 new coal power stations. To deliver the Paris Agreement they - and the loans that would finance them - must be cancelled.
Prime Minister Modi's government has frozen the bank accounts of Greenpeace India, writes Praful Bidwai - provoking widespread protest from the environment and civil rights community. It's all part of a wider campaign against 'anti-national' movements that challenge India's development policies based on the aggressive exploitation of coal, minerals, big hydro and nuclear power.
… activists who protest against industrial, mining and irrigation and power generation … projects, and in particular, on the mining and burning of coal - no matter how … itself put into question quite a few of the mining, power, and other projects currently …
Between 2011 and 2016 the UK's export finance agency UKEF provided £109m to underwrite exports of equipment to coal mines in Russia, writes Lawrence Carter - despite the agency's commitment not to support 'investment in dirty fossil-fuel energy production'. And that's just a fraction of the £6.9 billion UKEF has lavished on the corrupt, polluting sector since 2000, while it was meant to be backing the clean energy technologies of the future.
… will accelerate further post-Brexit - undermining efforts to tackle climate change. Green … UKEF provided £109m to underwrite exports of mining equipment to coal mines in Russia - … - £98m - has supported deals between US-owned mining equipment firm Joy Global (UK) Ltd and …
After over a century of coal ash and colliery waste dumping, the Tyne and Wear coastline is no stranger to industrial pollution. But soon a horrific new technology - underground coal gasification (UCG) - will endanger human health and the environment, backed by unflinching Government support and generous lashings of taxpayers' money.
… Energy Gas Fracking Fossil Fuels UK Finance Mining seaham-pier-cut.jpg After over a … from the latest iteration of the coal mining industry: ' underground coal … - which are out of reach of conventional deep mining techniques. The 'unconventional' …
The UK's financing of fossil fuels abroad increased tenfold in two years to exceed £1 billion in 2013 / 2014, writes Christine Ottery. Incredibly, the fossil fuel funding increase came after a government promise to use the money to support 'innovative and green technologies'.
… fossil fuel projects - from backing for coal mining in Russia to oil and gas exploration in … developments has even gone to US-based Joy Mining, which has a manufacturing arm in the UK. The money has supported the export of mining equipment to Siberian Coal & Energy Co …
There's one big thing that Britain's biggest banks could do to reclaim their grievously impaired reputations, writes Greig Aitken: commit to stop investing in coal projects. As well as reducing climate change and local environmental impacts, it would also 'de-risk' their balance sheets as the global tide, from the US to China, turns against the dirty, carbon-heavy fuel.
… controversial mountaintop removal (MTR) coal mining practice that has devastated ecosystems … that it is ending direct financing for coal mining projects. For other corporate lending … with clients predominantly active in coal mining." That's almost, but not quite, a …
New development financiers like China's Asian Infrastructure Investment Bank are driving a global attack on the environment, writes Bill Laurance. With their fast track 'no questions asked' procedures, they are financing a wave of destructive mega-projects, giving the World Bank and other lenders the excuse to lower their already weak safeguards.
… such as roads, dams, gas lines, mining projects, and so on. Some people had … dams , and hundreds of thousands of new mining, oil and gas projects . The … fragmentation, poaching, fires, illegal mining and land speculation. For instance, our …
Climate change is perhaps our generation's greatest challenge, and few people are better placed to know it than academics in our top universities, writes James Dyke. But they are still accepting huge sums of fossil fuel money, in the process helping donors in their quest to extract and burn ever more coal, oil and gas. This must stop.
Universities' love affair with fossil fuel companies must end James Dyke | 15th March 2016 Comment Fossil Fuels Academia Corporations Finance mitei-cut.png Climate change is perhaps our generation's …
Will the World Bank ever change? After decades of promises, initiatives, accords and re-branding, Bruce rich finds that the World Bank is the same old indiscriminate money-pump, still funding social and environmental catastrophe worldwide.
… loan volumes to subsidise large transnational mining, energy and industrial companies … coal-fired power stations and large-scale mining generating environmental damage, forest …
A new report warns that coal, oil and gas assets will be stranded if the world is to limit temperature rise to 2C. Losses are projected to reach $2.2 trillion over the next decade, with coal taking the biggest hit, while oil demand peaks in 2020. Yet fossil energy companies are ignoring the very innovations that will put them out of business.
Investors face $2.2 trillion loss on 'risky' fossil fuel assets Alex Kirby | 25th November 2015 News Climate Change Fossil Fuels Energy Finance COP21 Carbon Tracker danger-zone-cut.png A new report …
Officials can sternly lecture the City on its excesses as much as they like: when it comes to actually regulating it, politicians just don't care. And don't want us to know...
… drilling in the arctic, opencast coal mining in the UK and to Vedanta Resources, …
The mighty Asian Development Bank is celebrating its 50th birthday this week in Yokohama, Japan, writes Hemantha Withanage. But the victims of ADB's $3 billion coal funding have little to be glad of - whether local communities impacted by mines and power stations, or people everywhere suffering climate change. ADB must stop financing coal now!
Asian Development Bank must end its 50 year addiction to coal! Hemantha Withanage | 4th May 2017 Comment Finance Fossil Fuels Coal Sri Lanka tata-mundra-cut.jpg The mighty Asian Development Bank is …
Campaigners at COP21 in Paris are calling for a new 'upstream' carbon tax to be levied on fossil fuel producers, writes Henner Weithoener, and so send a clear market signal and finance poor countries' compensation for 'loss and damage' caused by climate change.
… carbon levy on all fossil fuel extraction and mining, with the proceeds going to help pay … gas). The CO 2 footprint of the drilling or mining itself would not be taken into account. …
This month the UN is meeting to enact binding global rules on the conduct of business and transnational corporations, writes Sam Cossar-Gilbert, reversing the trend for increasing business empowerment in TTP, TTIP and TISA. The new UN Human Rights Treaty aims to provide justice for the victims of corporate criminality anywhere in the world.
… in El Salvador Australian-Canadian gold mining company Pacific Rim, accused of human … because the president decided to stop issuing mining permits after water supplies were …