As noted in previous posts here and here, one way to stop a planetary destruction projet is by kicking out its legs.

By this I mean removing some necessary piece in the enabler-company Jenga, causing the whole tower to collapse.

With those Adani bastards in Australia, the main thrust has been to scare insurance companies away from their coal mine project.

Now there’s a new point of attack (via Stop Adani): Banks!

“Adani’s Abbot Point coal port on the Queensland coast is poised to ship Carmichael mine coal to Adani’s power stations in India. This port faces a $1 billion debt bill over the next two years, and it is looking to refinance that debt right now.

“Thanks to the concerted efforts of the thousands of people and hundreds of organisations powering the #StopAdani campaign, 37 major banks have ruled out funding the climate-destroying Carmichael coal project.

“The associated Abbot Point port was recently forced to postpone a debt refinancing and had to repay $100 million to its lenders. 

“Recently it was reported in the Australian Financial Review that one of the banks that has previously arranged a bond issue for Abbot Point, Investec, was refusing to have anything further to do with the coal port!”

Like Covid-19 however, it only takes one slimy bank to get through the defences for the shitshow to continue:

“However, there are several banks which we know have already loaned money or arranged bonds for Abbot Point port that may be willing to do it again. Abbot Point is an essential link in the chain that forms the Adani Carmichael coal export project. The coal extracted from the mine will be transported along the Carmichael rail line, and put onto ships at Abbot Point port.”

If you feel like joining the cause, you can spend approximately 53 seconds to complete a pre-filled email submission to Adani’s existing creditors.

Thanks for your support!