Coal mining company’s expansion concerns with shareholders

In October, Whitehaven Coal had its AGM, announcing the company’s executives will be remunerated as they announce the expansion of coal projects across Australia.

The announcement caused dismay across shareholders, who said it’s not in their best interests to support the expansion of coal projects.

Analysis by Market Forces shows if the projects move forward, they would unleash more than 3.5 billion tonnes of carbon emissions, or 23 times the collective emissions reductions expected from the government by 2030.

Image: Wikimedia: Max-Phillips CC 4.0

Produced By: Eduardo Jordan

Featured In Story: Michelle Surowiec – Coal Campaigner at Market Forces , , and

First aired on The Wire, Thursday 14 November 2024