Coal mining company’s expansion concerns with shareholders

Play
Stop
 
 
Wikimedia: Max-Phillips CC 4.0

In October, Whitehaven Coal had its AGM, announcing the company’s executives will be remunerated as they announce the expansion of coal projects across Australia.

The announcement caused dismay across shareholders, who said it’s not in their best interests to support the expansion of coal projects.

Analysis by Market Forces shows if the projects move forward, they would unleash more than 3.5 billion tonnes of carbon emissions, or 23 times the collective emissions reductions expected from the government by 2030.

(Visited 25 times, 1 visits today)
Download Audio

The Wire is produced in partnership by

Contributor Stations

Supporters and Program Distribution