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How Australian campaigners target fossil fuel companies and their backers

2013-07-03 18:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: A hoax media release, announcing a big Australian coal mine had lost critical funding, kicked off a busy year for anti-fossil fuel campaigners and a challenging one for the companies that extract energy and their financial backers. Shares in Whitehaven Coal, developer of the controversial Maules Creek mine in New South Wales, plunged 9% in just two minutes after the spoof circulated the market slicing A$314m from its market capitalisation and A$67m from the stake of its biggest shareholder,...

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