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Turnbull whacks Westpac

AUSTRALIAN Prime Minister Malcolm Turnbull has hit back at Westpac for its decision last week not to fund Adani’s proposed $21.7 billion Carmichael coal and infrastructure project under its new investment rules that preclude coal mine developments in new areas.

Lou Caruana
Turnbull whacks Westpac

  Westpac’s investment guidelines, which were announced after lobbying efforts by environmentalists and other activists, also preclude lending to mines producing coal not in the top 15% of emissions. ...

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