Westpac will not rule out investing in coal projects 'if they fit our criteria'
by Australian Associated Press from Environment | The Guardian on (#XBJY)
The bank's chairman, Lindsay Maxsted, tells annual general meeting 'we will support coal or any industry' and will judge each project on merit
Westpac's commitment to help limit global warming to less than 2C does not mean it is going to stop investing in coal projects soon.
Related: Australian banks 'favour fossil fuel projects over renewables by $6 to $1'
Continue reading...