Zachary Davies Boren

Britain’s Green Investment Bank Bought Out By Fracking And Coal Financier

Macquarie backs fracking in the UK and beyond, holds positions in climate change denying oil majors such as ExxonMobil, and has loaned hundreds of millions to coal companies and projects.

Zachary Davies Boren
Por Zachary Davies Boren
Research by Market Forces has found Macquarie’s fossil fuel exposure is at least £1.55 billion since 2008, including £255 million provided for the Maules Creek Mine in Australia, for which some of the vast Leard State Forest was destroyed.

The group expected to acquire the UK’s Green Investment Bank (GIB) has loaned billions of pounds to help finance controversial fossil fuel projects around the world, according to an Energydesk analysis. Recent reports suggest Australian bank Macquarie is set to purchase the GIB, the main means by which the UK government funds clean energy, for

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Leaked: ‘New TTIP’ Could Undermine Global Action On Climate Change

Unlike global trade deals global climate agreements currently have no enforcement mechanism.

Zachary Davies Boren
Por Zachary Davies Boren
Tens of thousands of protestors attend a demonstration against the free trade agreements TTIP (Transatlantic Trade and Investment Partnership) and CETA (Comprehensive Economic and Trade Agreement) in Berlin, Germany, Saturday, Oct. 10, 2015. (AP Photo/Markus Schreiber)

A globe-spanning but little-known trade deal could be used to lock-in low environmental standards and undermine national efforts to tackle climate change, according to an Energydesk analysis of newly leaked documents. Greenpeace Netherlands has obtained and published key chapters of The Trade in Services Agreement (TISA) currently being

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