Galilee basin

Greenpeace: response to Standard Chartered AGM.

Last edited 8 May 2015 at 2:29pm
8 May, 2015

 Amid current concern over falling profits, Standard Chartered faced further scrutiny over its role in a controversial Australian coal mining project that threatens the Great Barrier Reef at its AGM on Wednesday.

 Greenpeace is calling for Standard Chartered to end its relationship with any company involved in exploiting the coal reserves of Australia’s Galilee Basin, one of the world’s largest untapped coal reserves. The campaigners say that this would contribute significantly to climate change and risks destroying the Great Barrier Reef, a World heritage Area and home to clown fish, turtles and humpback whales.

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