THREAD: ANZ says they'll stop funding the Port of Newcastle, the largest coal export port in the world.

"Certainly we've heard, our major customers, all of the major companies in the world are embracing the Paris Agreement.

Coal is dead man walking". - @TimBuckleyIEEFA (1/3)
"It is absolutely beholden on the Port of Newcastle to diversify, and if they can't because of legal constraints of trade, they are a clear stranded asset." -@TimBuckleyIEEFA
#TheDrum (2/3)
"The idea that ANZ - or any other financial institution - is going to ignore the biggest shareholder in the world, or the financial stability board and ignore what APRA is telling them to do is ludicrous." - @TimBuckleyIEEFA #TheDrum (3/3)

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More from @ABCthedrum

8 Feb
#ICYMI: Tonight we discussed a new report from Opposition MP Julian Hilll - which compared Australia to the rest of the world.

"The question should be: 'how well are we doing in relation to how good we could be'?" - Jan Fran.
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"In relation to COVID, particularly for my generation, I'm a millennial, but also the generation that comes after me,
wealth inequality is something that has been increasing well prior to the pandemic. - Jan Fran
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"Our actions or - lack thereof - on climate change is something of increasing concerns for my generation and the next generation, and particularly those who come after."
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8 Feb
THREAD: GP Preeya Alexander says Facebook hasn't done enough to correct misinformation on its platforms - especially in a public health emergency.

"As a doctor, it is frightening the amount of misinformation that is allowed to go on these platforms."

#TheDrum (1/4)
"I do see it as imminent harm because there is a lot of people with really large following bases who can spread a lot of lot of dangerous misinformation.

I've read this oversight board's decision. It's really transparent. I really like that about it." #TheDrum (2/4)
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I report loads of stuff on Instagram and nothing gets done." #TheDrum (3/4)
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11 Dec 19
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Read 14 tweets

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