Phase Out Australian Coal by 2030
Australia is the third largest exporter of fossil fuels in the world, and coal is our biggest contributor to the climate crisis. To even have a 50% chance of to keep warming at 1.5C, 95% of Australian coal has to remain in the ground. In the last 10 years, the #StopAdani movement have prevented 500 million tonnes of coal from leaving the Galilee Basin and many mega-mines are stalled or stopped. BHP just announced that they'll close Mt Arthur by 2030 having failed to find a buyer for the mine, and the WA government plans to close state-owned coal power plants by 2030. The Labor government however doesn't want to be seen as the 'coal killers'. In fact, 70 new mines and expansions proposed for Australia, and Tanya Plibersek, the minister for the environment is appraising 27 new mines and expansions right now. However, it is clear that the market is changing and public outrage over the recent electricity price hikes means we need to keep up the grassroots pressure to take on the injustices of the coal industry.
The #StopAdani movement are expanding the focus to Australian coal export. The movement fractured because of the pandemic, but here is the opportunity to reconvene, learn from our success and failures, and look deeper into the strategy to take on Australian coal.
Let's move beyond coal and solve Australia's biggest climate problem
WHEN: The webinars will take place every two weeks at 6.30-7.45pm AEST (6pm NT/SA, 4.30pm WA time) over three Tuesdays: 28th June, 12th July, 26th July.
WHERE: Online! RSVP to receive the Zoom link and reminders before each webinar.
WHAT: A three part webinar series designed for active members of the #StopAdani movement.
Webinar 1: A global justice movement to end funding for Australian coal (Tuesday 28 June)
This interactive session will outline our vision for a brand new people powered movement to expose the biggest and worst coal companies, stand with First Nations people and impacted communities to call for global justice, and end funding for Australian coal projects.
Webinar 2: Our plan to get the banks out of coal and stop new coal mines (Tuesday 12 July)
Despite their glossy climate commitments, Australia’s big 4 banks still give hundreds of millions of dollars to coal companies while also helping international banks fund Australian coal. We’ll start to dig into the details of our ambitious plans to shift Australia’s big 4 banks out of coal and stop one of Australia’s largest coal companies in it's tracks.
Webinar 3: Getting ready for lift off (Tuesday 26 July)
Our final webinar in the series will map out the months ahead and showcase opportunities for you to start taking action in your community.
We know that to take on the entire destructive coal industry will require us to go bigger, be more representative of Australia’s diverse communities, and be more innovative than ever - and we want you to be a part of shaping these plans before the public campaign launch.
Up-date - 25th May, 2022
In January 2022, ARRCC accepted the invitation from Wangan & Jagalingou Cultural Custodians to attend Reoccupation Day at the Waddananggu ceremony. It was incredible to witness the Carmichael coal mine growing bigger in real time and W&J's self-determination in standing their ground and practicing their human rights. Please do go and visit Waddananggu if you are able to!
Looking forward, 95% of Australia's coal must remain in the ground for a 50% chance to limit warming to 1.5c. Labor is committed to opening new coal mines, and 45% of new mines proposed globally are based in Australia. Private finance and public subsidies are key support systems for the coal industry. With rising energy prices, AGL's implosion, and Labor's electrification election promise the market is changing. Preventing coal financing is the fastest way to stop these new mines and this will be the focus of the next anti-coal campaign.
Divestment is an important way for individuals to make personal changes that impact the finance industry. Australian Catholic Superannuation & Retirement Fund (ACSRF) and HESTA are investing in Adani Ports and Special Economic Zone. If you are a member of these funds and would like to participate in Adani superannuation divestment, please fill in our Anti Coal Supporter Survey
A key strategy of the campaign is to expose the toxicity of the coal industry across all its operations and erode its social license. We do that by telling stories of the injustices of coal and centring the resistance from communities impacted by coal in any way. ARRCC will be running a series of Beyond Coal Conversations where we will go into more detail about the current situation of the coal industry, share our personal stories of coal impacts and brainstorm tactics to take on coal financing. If you're interested in getting involved, please fill in our Anti Coal Supporter Survey.
Up-date - 3 June, 2021
We know for a fact that the pressure on companies and contractors associated with Adani is working. There are now 100 companies that have ruled out Adani, over 30 of them in the last year! Despite Adani first predicting it would be exporting coal in 2014, and both State and Federal Governments actively supportive of the project, not one lump of coal has been exported.
The Wangan and Jagalingou traditional owners are determined that their Country should somehow be defended, especially their beloved Doongmabulla Springs. As spiritual people, we want to stand in solidarity with the W & J. We also want to stand with farmers in India. In their millions, they are resisting Adani taking over lands and using their corporate influence to get changes to Indian laws that would favour their agribusiness.
However, construction has started on the Carmichael Project. Nonetheless, Adani is currently somewhat vulnerable. Having started construction, any delays are now very costly. Other projects were stopped after construction had started, including the Jabiluka uranium mine, James Price Point hub and the Franklin Dam.
No company in the world now directly finances Adani, but five major investment entities either finance or may finance other parts of the Adani Group’s operations: BlackRock, MUFG, the State Bank of India, H.P. Morgan and HSBC. The Adani Group, in turn, shuffles money around to ensure Adani’s Carmichael Project gets its financial lifeline.
Campaigners are targeting all five companies providing finance indirectly. We want them to (a) pressure the Adani Group to ensure that work stops on the Carmichael Project and (b) if Adani refuses, to withdraw their financial investment in any part of Adani’s operations.
From time to time, a ‘week of action’ is planned, in which the following tactics are applied:
- Actions outside the offices of firms
- Creating a ‘digital storm’ via phone calls, e-mail, calendar jamming’, LinkedIn
- ‘Brand blitz’ whereby stickers, banners, etc, are used to ‘name and shame’ the company.
When unable to get to in-person actions, ARRCC encourages supporters to participate and we plan to hold our own 'Hour of Power' online sessions to help create 'digital storms' and potentially our own actions outside the Australian offices of BlackRock, MUFG, H.P. Morgan and HSBC.
Contact our staff person dedicated to this work: Fahimah [email protected]
Why does ARRCC support #StopAdani?
The stakes are high. If Adani were to succeed with their Carmichael Coal and Rail Project, at least seven other companies are ready to also set up coal mines in the Galilee Basin and create what Bill McKibben has described as a ‘carbon bomb’.
ARRCC joined the Stop Adani movement to stand in solidarity with the Wangan and Jagalingou Family Council of Queensland’s Galilee Basin to defend their Country, and to help prevent the opening up of a climate-destructive greenfield coal project.
People of faith can put the moral case for ruling out working on this mine project more clearly than most. We can make a real difference.
We believe it is important that people of faith be seen to side with those who are protecting the future for coming generations and resisting climate-wrecking projects for those suffering most on the frontlines of climate impacts.
Increasingly, those on the frontlines are coming to include our own farmers, Torres Strait Islanders, people working in tourism, who have lost their homes and livelihoods to bushfires and Aboriginal communities in Central Australia who can no longer live on country because of the heat.
After helping challenge the ARRCC has joined in targeting financing companies like Hanwha, Samsung, the Industrial Bank of Korea and Korea Investment and Securities. Pressure on Lloyd’s of London led to its first ever sustainability policy in which it announced that Lloyd’s insurance marketplace will scale back its exposure to coal and tar sands. ARRCC supporters also challenged Siemens (Engineering firm), Fairfax Financial (Insurance), Marsh (Insurance) and the State Bank of India.