ANZ Bank is blowing the carbon budget

ANZ's board are exposing shareholders and depositors to a very risky business by lending money to coal projects. Approvals by Australian state governments won't save them from global concern to act on climate change.

I vividly recall seeing a screening of The Bank, a film in which David Wenham played a technical whiz who sabotaged a bank’s financial system. Asked why he did it by a perplexed manager, Wenham’s character replied “I just hate banks!”. The audience around me spontaneously applauded.

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