WESTPAC AND ITS COAL INVESTMENTS - TIME TO DIVEST FROM WESTPAC

Westpac seems to be, according to the figures, one of the biggest, if not the biggest, investors in the coal industry in Australia.

With climate change and global warming denialism at one of its highest levels in Australia ever, it is time for people who have any dealings with Westpac to consider their options to change this, mainly with such actions as divestment, which has been shown to work in so many ways in so many world problems.

Westpac, being one of the big four banking institutions in Australia and one of those who lend money to new and developing industries, it should be one of those institution which sets and example to those who believe global warming is a scientific hoax and is to be ignored.

Those of us who accept scientific evidence against the hip pocket responses to everything for the growing size of the hip pockets - where they put it all and what they need it for nobody knows - know that it is long past time to phase out developments of coal mines for energy or other purposes - and to stop making a fortune on coal exports to countries such as China where even this developing economy has started to realise that coal must go because pollution is killing them all.

Westpac must be taught a lesson and people must divest - coal mining is an ongoing disaster and must be stopped NOW!