Ripplebrook Stud

01/12/2024

19/09/2024

19/09/2024

19/09/2024

“Commonwealth Bank has announced it will walk away from fossil fuel companies without genuine plans to achieve the Paris Agreement on climate change, days after it posted close to $10 billion in full-year net profit.

The banking giant announced in 2023 it would require existing oil and gas clients to implement a “transition plan” by next year in order to reach the landmark agreement’s goal of a less than 2C rise in temperatures.

According to its most recent climate report released on Thursday, CommBank revealed it was already in talks with clients whose plan did not meet criteria or who had not provided one before their January 1 exit.

Analysis by Market Forces found the big four bank had already dropped $700 million in lending expenditure in the past year to oil and gas clients and had already halved upstream oil and gas lending since 2022.

Market Forces said CommBank, once a “climate langured” and “enabler of climate destruction”, had already begun applying its new climate policy and now had the lowest lending of the big four to fossil fuel companies.”

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This is completely outrageous. These “fossil fuel” companies employ thousands of Australians and are some of our biggest exporters.

Without these industries, there are fewer jobs, exports and wealth creation.

CBA is actually destroying itself by enacting this absurd policy, and enabling foreign interests to step in by way of capital investment that our own bank refuses to do.

I dare CBA to pull their eftpos machines from every service station and every outlet that relies on oil based products.

18/09/2024

Volkswagen shocks the world with multi-billion dollar bet on gasoline engines! 👀 Full story👇🔗

18/09/2024

“They flare out in a jet of flame with vicious intensity. They explode as if packed full of toxic dynamite. And when lithium-ion batteries burn, nothing can extinguish them.

This is why Chinese hotels and property managers have begun to ban all electric vehicles – scooters, e-bikes, family cars or commercial vans – from their undercroft car parks.

“Hotels and other buildings in Hangzhou, Ningbo, Xiaoshan and other places in Zhejiang have banned electric vehicles from entering underground garages for safety reasons, sparking heated discussions.”

Local news reports that property owners were spurred into action after 11 intense battery fires in Zhejiang’s capital, Hangzhou, in May of this year.

“Based on the characteristics of electric vehicle fires and our hotel’s firefighting capabilities, we think it safer not to allow them into the underground garage,” RFA quotes one five-star hotel owner as stating.

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I can’t say I’m surprised. Fires in the basement of buildings pose a very grave risk.

We should do the same in Australia if you ask me.

18/09/2024

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18/09/2024

18/09/2024

Australian Garlic from Mexico…how does that work?? Woolies please explain

17/09/2024

17/09/2024

A second attempt on Trump's life. Is the guy connected to the establishment? Who knows.

The elephant in the room is what’s going on in Ukraine.

The German chancellor is calling for a diplomatic push.

On the other hand Trudeau along with our own media outlet, The Australian, supports Ukraine sending long range missiles into Russia.

In a choice between peace and World War Three, I will take peace any day.