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Analysis says $30bn given to expand existing coal, oil and gas projects. Follow today’s news live
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Australia’s big four banks have provided $43bn to fossil fuel companies in the last decade, with ANZ and Westpac continuing to fund further gas expansion.
Expansions of coal, oil and gas projects accounted for $30bn of the funding, according to analysis by green advocacy group Market Forces released nearly 10 years on from the Paris agreement’s signing.
Source: www.theguardian.com
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