Skip to main content

Protesters call on insurance giant AIG to rule out supporting Carmichael coal mine

Published by
World Coal,


Today, protesters descended on the Australian offices of insurance giant AIG, demanding that the company rule out backing Adani Group’s proposed Carmichael coal mine.

The Adani mine has been the object of years-long controversy in Australia and around the world, given the myriad of environmental, climate, and social risks associated with the massive thermal coal project. Following key government approvals and purported plans to self-finance the entirety of the mine, insurance remains a crucial source of financial support required for the mine to move forward. 

Organisers handed over more than 106 300 petition signatures calling for AIG to join the 14 other insurers who have directly refused to insure the project or whose climate policies rule it out. 

 

Protesters gathered inside the lobby of the company’s Sydney offices, as mobile billboards circled inner Sydney and protesters in Melbourne and Brisbane staged demonstrations outside local AIG offices. 

A coalition of groups, including three of those behind today’s protest - SumOfUs, Market Forces, and Rainforest Action Network - have previously targeted AIG rival Liberty Mutual, which confirmed last month that it had turned down an offer to insure the project.

Read the article online at: https://www.worldcoal.com/mining/29082019/protesters-call-on-insurance-giant-aig-to-rule-out-supporting-carmichael-coal-mine/

You might also like

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Australia coal news


 

World Coal is not responsible for the content of external internet sites.