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Trouble in the Kimberley underscores risk for institutional investors
Press release – 15 May, 2012Sydney 14th May 2012 As tensions escalate around James Price Point, the proposed site of the Woodside gas hub in the Kimberley, Greenpeace Australia Pacific is calling on the industry super funds to reconsider their exposure to such a high risk project through their investment in the joint venture partners.This…
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Macken sense: Fortunes, fairy tales and what real dollars could do
Having watched more Budget night speeches than is probably healthy for any woman, I have to say there is always a touch of la lunar about the whole thing. It’s like everyone on the government’s side agrees to take stupid tablets while the Opposition gets tanked on laughing gas, both sides face off and either…
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“Homeless” Sumatran tigers call to action to save their forest homes
Commuters in this morning’s notorious Jakarta rush-hour did double-takes as hundreds of homeless Sumatran tigers descended on Indonesia’s Ministry of Forestry to urge the Government to take action to stop companies like Asia Pulp & Paper (APP) from destroying their forest homes. Blogpost by Zul Fahmni, Greenpeace Forest campaigner – April 19, 2012 Greenpeace activists…
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Macken sense: Position position position
It’s not only real-estate agents who get why position is so important, just ask those poor guys in the mining industry how important – and tricky – it is to get their position right, especially in these final days before the federal Budget. Making the right call on how to position themselves could mean the…
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Macken sense: I got it totally wrong…
Let me be the first one to admit that I got it wrong – seriously wrong. In last week’s post I said that I was willing to bet my house on this prediction, “… over the next six months the State and Federal governments are going to be working hand-in-glove to eradicate as much environmental…
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Apple, Amazon, Microsoft choose dirty energy to power growing cloud
Press release – 17 April, 2012Greenpeace International report evaluates 14 IT companies’ energy choicesSydney/ San Francisco, USA, 18 April 2012– The current explosion in cloud computing offered by major IT companies is driving significant new demand for dirty energy like coal and nuclear power, according to a new report from Greenpeace International. The report, “…
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Congratulations to Bob Brown
Today’s resignation of Bob Brown as the leader of the Australian Greens is a historic moment for the environmental movement in Australia. From the Franklin Dam campaign in the early 80’s Dr Brown has been a prominent face of the grassroots environmental movement and then the Greens political party. He will be remembered by future…
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Macken sense: I’m not psychic but…
The mining industry has a problem – farmland, the environment and the pesky Great Barrier Reef just keeps getting in the way of their vast new coal mines and mining infrastructure. Not for much longer. Minister for Resources and Energy, Martin Ferguson, told a National Energy Conference in Brisbane this week what the source of…