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Greens welcome World Bank decision to offload coal

The Australian Greens have welcomed reports the World Bank will no longer fund coal-fired power stations in poor countries.

This comes on top of the International Energy Agency recently saying that two thirds of the world's coal must stay in the ground to avoid a two degrees rise in average temperatures that would leave millions of people trapped in poverty.

"The World Bank's mission is to assist developing nations out of poverty and part of this solution is to address global warming," Greens Leader Senator Christine Milne

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Cash for yesterday's technology instead of tomorrow's

It makes no economic or environmental sense to subsidise brown coal and this new $90 million injection into yet another brown coal subsidy undermines the federal government's climate credibility, the Australian Greens said today.

 

 "Why are the Commonwealth and Victorian governments wasting money on yet more hand-outs for yesterday's polluting energy instead of investing in clean renewable sunrise industries like solar and wind power?" Australian Greens Leader, Senator Christine Milne, said today.

 

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US EPA confirms global trend away from coal as Australia digs in to the past

New emissions performance standards for power stations in the United States preventing the construction of any new conventional coal fired power stations confirm the global trend away from polluting coal power just as Australian governments and corporations are digging our economy further into the coal pit, the Australian Greens said today.

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Greens reject Victorian coal push

The Australian Greens have rejected a renewed push by the Baillieu government to expand brown coal mining in Victoria. The Greens will also look at what action can be taken by the Federal government to slow down the push.

"Minister Comber should not be encouraging these moves by the Baillieu government. The Clean Energy Future package is about transitioning away from our dependence on coal, in particular brown coal. The Gillard government should not undermine that by backing this move. It is economically and environmentally irresponsible," Deputy Greens Leader Senator Milne said.

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Palmer should invest in clean energy, not litigation

Clive Palmer would do better to take the carbon price's message to heart and invest his enormous wealth in clean energy than to use it to challenge the laws in the High Court, the Australian Greens said today.

"Mr Palmer is very fond of threatening law suits against people and ideas he doesn't like, but he'd do better to look at the latest climate science and the news from China and India that they see solar soon outcompeting coal," Australian Greens Deputy Leader, Senator Christine Milne, said.

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