website: www.climatecampaign.info
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Walk Against Warming - Sydney, 2007
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website: www.climatecampaign.info |
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To open a prepared email to Just put your name and address at the end and send it.
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There are limitations with the prepared email facility. For example, it does not work with web-based email programs - such as Yahoo, Hotmail and Gmail. If the prepared email facility doesn't function, please use the email text below to prepare your own email, and send it to The Hon. Wayne Swan at ministerial@treasury.gov.au Could you also please advise us of any problems so we can fix them. |
For further information go to our Take Action Now page.
The prepared email reads -
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Dear Mr Swan, The report, Responsible Public Investment in Australia, commissioned by the Australian Conservation Foundation, states that many of Australia's large government-run funds are making investment decisions in direct conflict with your government's plans to reduce greenhouse emissions and tackle climate change. How can your government expect to meet its emission reduction targets while investing 47 times more public money in fossil fuel and uranium industries than in companies developing renewable energy and energy efficiency? What will be the long-term environmental return from this massive investment of public money in the coal industry? It is particularly ironic that the biggest federal fund of all, the Future Fund, worth $59.6 billion, has apparently not made any commitment to environmental and social principles in its investment decision-making. Is it true that, in addition to this funding through investment, $28 of taxpayers' money is spent on subsidies to fossil fuels, for every $1 to renewable energy and energy efficiency? Will your government conduct an inquiry into the tax subsidies given to the fossil fuel industry? Name: |