In response to the economic impacts of the outbreak of the Coronavirus/ Covid-19, state and federal governments are now announcing rolling, large-scale stimulus packages to keep the economy afloat. These already total billions of dollars and are likely to be ongoing. This is both a threat and an opportunity for the future of the economy, the climate and ecosystems at a time of overlapping crises.
The Coronavirus/ COVID-19 pandemic has changed the world overnight. Our priorities, at the personal, local, national and global level, must now be influenced by the need to contain and move past the pandemic. This means a massive investment in our communities and economies.
The Bushfire Survivors for Climate Action group has sent an open letter to the major Australian banks calling on them to stop funding new fossil fuel projects and to set dates by which their exposure to coal, oil and gas will be completely phased out, in line with 1.5 degrees of global warming.
The NSW Parliament's State Development Committee released its report into nuclear power last week. Conservative committee members recommended repeal of state laws banning uranium mining and nuclear power, while Labor members want to retain the legal bans.
Holding these difficult times in our hearts FoE continues to fight for a world where environmental protection, social justice and economic welfare for all, go hand in hand. Communities really are rising up louder than ever. Read our monthly newsletter for many opportunities to stand with us and get involved.
Australian Bushfire victims, together with Friends of the Earth Australia, will launch a claim against ANZ under international law to hold the bank accountable for financing fossil fuel projects that contribute to the climate crisis.
In November each year BHP holds its Australian AGM. The world's biggest mining company recently has been using the opportunity to tell its hundreds of attendant shareholders how it is committing to a clean transition from being one of the biggest carbon emitters to one of the biggest providers of 'green' minerals for the renewable energy sector.