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View Thread · Previous · Next Return to Index › Re: Re Impressed by China
Silverboy - 2017-10-11
In response to Re: Re Impressed by China (Curious)

The coal industry will eventually just die a slow death as many large banks in big coal producing countries like Australia won't provide funding for new coal mines. They see coal as a bad long term investment. A lot of insurance companies won't touch the either. We still need coal fired power stations however to provide cheap base load electricity to keep the lights and computers and AC, fridges, washing machines etc on.

I know that either Westpac or ANZ bank here in OZ or possibly both refused to provide finance/funding for the controversial new "Adani" coal mine, I think the biggest coal mine in the world in central Queensland.

I'm sure many banks in the USA will adopt the same strategy or already have.

However the stupid Australian government is still considering giving Adani one billion dollars of taxpayers money to build a rail link.

Messages In This Thread
Impressed by China -- Curious -- 2017-10-10
Re Impressed by China -- Silverboy -- 2017-10-11
Re Impressed by China -- Summer Time At The Beach -- 2017-10-10
Re Impressed by China -- Dragonized -- 2017-10-11
Re Impressed by China -- Silverboy -- 2017-10-11
Re Impressed by China -- Dragonized -- 2017-10-11
Re Impressed by China -- Silverboy -- 2017-10-11
Re: Re Impressed by China -- Curious -- 2017-10-11
Re: Re Impressed by China -- Silverboy -- 2017-10-11
Re Impressed by China -- Silverboy -- 2017-10-11
Re Impressed by China -- caring -- 2017-10-15
Re Impressed by China -- heretosay -- 2017-10-15
Re Impressed by China -- Silverboy -- 2017-10-15
Re Impressed by China -- Silverboy -- 2017-10-12
Re Impressed by China -- Silverboy -- 2017-10-12
Re Impressed by China -- caring -- 2017-10-12
Re Impressed by China -- Silverboy -- 2017-10-13
Re Impressed by China -- caring -- 2017-10-13
Re Impressed by China -- Silverboy -- 2017-10-13
Re Impressed by China -- Silverboy -- 2017-10-13
Re Impressed by China -- The Revealer -- 2017-10-13
Re Impressed by China -- Silverboy -- 2017-10-13
Re Impressed by China -- Silverboy -- 2017-10-14
Re Impressed by China -- The Revealer -- 2017-10-14
Re: Re Impressed by China -- BeenThere -- 2017-10-13
Re: Re Impressed by China -- Curious -- 2017-10-11
Re: Re Impressed by China -- Silverboy -- 2017-10-11
Re: Re Impressed by China -- Silverboy -- 2017-10-11
Re: Re Impressed by China -- Curious -- 2017-10-11
Re: Re Impressed by China -- Jack -- 2017-10-11
Re: Re Impressed by China -- Silverboy -- 2017-10-11
Re: Re Impressed by China -- John O'Shei -- 2017-10-11
Re: Re Impressed by China -- Silverboy -- 2017-10-11
Re: Re Impressed by China -- Curious -- 2017-10-11
Re: Re Impressed by China -- Silverboy -- 2017-10-11
Re: Re Impressed by China -- Silverboy -- 2017-10-11
Re Impressed by China -- SuperKupo -- 2017-10-10
Re: Re Impressed by China -- Curious -- 2017-10-11
Re: Re Impressed by China -- SuperKupo -- 2017-10-11
Re: Re Impressed by China -- Silverboy -- 2017-10-11
View Thread · Previous · Next Return to Index › Re: Re Impressed by China






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