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Australian banks to rule out funding of coal projects

2014-12-03 05:30:29| Automakers - Topix.net

The Australian Conservation Foundation has released a report calling on Australian banks to rule out involvement in financing controversial coal projects proposed for Queensland's Galilee Basin near the Great Barrier Reef World Heritage area. The report called Equatorial Principles names four major banks as signatories, including Australia-New Zealand Banking Corp , Commonwealth Bank of Australia , National Australia Bank , and Westpac Banking Corp. The EPs is a result of a research undertaken by ACFs Energy Analyst Tristan Knowles which investigates how Australian banks should deal with financing coal projects in the area.

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UK guarantees funding assistance to NuGens nuclear power project in Cumbria

2014-12-03 01:00:00| Power Technology

The UK has signed a cooperation agreement with NuGen, a joint venture between Japan's Toshiba and France's GDF Suez, for a finance scheme for the 3.6GW nuclear power station at Moorside, West Cumbria.

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UK Government approves 16m funding for Windermere electrification

2014-12-01 01:00:00| Railway Technology

The UK Government has decided to electrify the ten-mile railway line that runs between Oxenholme Lake District station on the West Coast Main Line and Windermere station in the National Park.

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UPDATE 1-Qantas and Japan Airlines give Jetstar Japan a funding boost

2014-11-28 03:14:36| Grocery - Topix.net

Qantas Airways Ltd and Japan Airlines Co Ltd are injecting A$114 million into Jetstar Japan to bolster its growth as the low-cost carrier prepares to start international flights next year. Qantas said a number of fundamentals for Jetstar Japan "are tracking at or ahead of expectations" as it announced the funding boost on Friday.

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Big four banks under pressure to rule out funding Queensland coal projects

2014-11-25 05:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Australias largest banks are coming under pressure from environmental groups not to fund huge coal projects in central Queensland, amid accusations the government is encouraging financial institutions to back the new mines. The Australian Conservation Foundation has called on the big four banks ANZ, Westpac, Commonwealth Bank and NAB to rule out financial support for nine proposed mines in the coal-rich Galilee Basin region of Queensland. Financial backing for the mines, which will produce...

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