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Banks that fund new coal mines risking money, reputation and global climate

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While I was in England recently, a man was arrested for conspiracy to murder his brother. The police alleged he had funded a hit-man to carry out the killing. As far as the law is concerned, funding somebody to commit a crime can be as serious an offence as the crime itself. Bodies as conservative as the International Energy Agency and the World Bank are now endorsing what climate scientists have been saying for 25 years: the world must move urgently away from its current path of expanding fossil fuel use. We are already seeing serious consequences in Australia of the one degree rise in average temperature. There will only be an...

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