Westpac Bank – Not Just Weak But HypocritesPosted: April 30, 2017
“Westpac has just declared it will not invest in money making things if activists claim (faslely) they are a sin. Is our future safe when a bank bans investment in projects that create jobs and revenue? Is the bank itself a good investment when it puts scare campaigns above reason?”
Apparently, everyone else should cut emissions but them – yes, hypocrites indeed. Preaching to a false-god, blackmailed by hysteria.
By Andrew Bolt ~
Here in Australia, Westpac Bank, freaked by green activists, says it won’t invest in mines in new coal regions to save the world from global warming.
But what hypocrites:
WESTPAC Bank … a worse greenhouse gas polluter than some of Australia’s biggest manufacturers.
The bank released its latest climate change action plan on Friday, ruling out finance for mines in new coal regions such as the giant Carmichael project planned by Adani for central Queensland’s Galilee Basin…
Official figures reported to the federal Clean Energy Regulator show carbon dioxide emissions related to the bank’s operations totalled 148,723 tonnes in 2015-16, equivalent to 29,000 cars.
Most of it is indirect pollution from energy used to run massive data centres. That is the highest level of any of the country’s big four banks – 45 per cent more than the Commonwealth.
But it also overshadows manufacturing companies such…
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