'Sheer virtue signalling': ANZ carbon policy riles Nationals

on Thursday said the bank's biggest emitting customers in energy, transport, building, food and agriculture were expected to work with it to develop a plan to "establish or strengthen low carbon transition plans".

Deputy Prime Minister Michael McCormack said a bank forcing industry to report their emissions was "sheer virtue signalling". "I know some farms in Australia are pretty big but I'd be really surprised if the 100 largest emitting customers included mum and dad farms. So no, it's not going to impact them," Mr Elliott said."We're working with the really, really big food manufacturing companies, all of whom, in our experience, are fully engaged in that conversation. It's just about us working together around a just transition, and a transition towards that lower carbon future.

micksfoley CharlotteGriev1 Companies entitled to implement any policies they like that do not break laws and deliver shareholder value - free market can decide to defund ANZ - attempts at government interference are the real 'virtue signalling' ? Neo-liberals have such a limited grasp of basic economics.

Corrupt Nats say what?

micksfoley CharlotteGriev1 I must emphasise that if famous clowns like Christensen, Canavan, Palmer, Pantsdown, Butler, Farrell (Catholic Right nutter anointed minister by Gillard), and, come on people, man up: AlboMP want banks to virtually burn $b's for toxic lethal garbage, they will not, ok? auspol

micksfoley CharlotteGriev1 Shareholder interests are high on a bank’s priority list of obligations. They are simply doing the sums and have worked out that lending money to a business sector that is knowingly heading towards producing something the market won’t accept, let alone buy isn’t acceptable.

micksfoley CharlotteGriev1 More proof - of any were needed - the Nationals are the parliamentary representatives of the mining industry

micksfoley CharlotteGriev1 The bank is trying to do the right thing. Are you?

micksfoley CharlotteGriev1 The banks see an opportunity to make big money because there’s a lot of government subsidy funds involved so once again the taxpayers will continue to be bled and the billion dollar banks will make more at the expense of the people, it’s just one big con you fools

micksfoley CharlotteGriev1 The National Socialists are still living in the 1950s. Decarbonising is good business. Get on board or get left behind.

micksfoley CharlotteGriev1 Nor is the mining lobby (National Party) our moral compass.

micksfoley CharlotteGriev1 The bank has a better ‘moral compass’ than the Nationals will ever have !

micksfoley CharlotteGriev1 Time to boycott these Luddites.

micksfoley CharlotteGriev1 Neither are the Nationals!

micksfoley CharlotteGriev1 Politicians are not society's moral compass either.

micksfoley CharlotteGriev1 Well gentleman, someone has to stand up to you and tell you some facts about life and what it will be for our children and grandchildren. Your minds are so closed it's painful to listen to. JFC !! what morons.

I’m pretty sure that Royal Commission into the banking industry proved banks don’t do things to be ‘moral leaders’, they make these decisions because it doesn’t make financial sense.

micksfoley CharlotteGriev1 It's the nationals job to reduce pollution, but they have failed!

micksfoley CharlotteGriev1 coopesdetat 🥔

micksfoley CharlotteGriev1 What does climate change have to do with morality? It's about science. Something Littleproud isn't that familiar with.

micksfoley CharlotteGriev1 From the guys who brought you live export sheep boiling alive and did sweet f’all about it .... morals.....

micksfoley CharlotteGriev1 How strange that the Nationals aim to represent a community so dramatically affected by climate change and don’t.

micksfoley CharlotteGriev1 However, the ANZ’s moral compass appears to be far better in line with the average Australian’s than the National Party’s moral compass ... if there is such a thing!

micksfoley CharlotteGriev1 The Nats are ignorance signalling and have run out of virtue

micksfoley CharlotteGriev1 The banks know what their shareholders want, including the big super funds.

micksfoley CharlotteGriev1 F o r sure these guys aren't either

micksfoley CharlotteGriev1 I’m staggered

micksfoley CharlotteGriev1 Science deniers telling again.

These folk need a thesaurus. It's all a bit tired.

micksfoley CharlotteGriev1 Oh so it is a virtue then... Thanks for the clarification LNP.

micksfoley CharlotteGriev1 Somebody has to make a stand as LNP just put it into the 2 HARD basket every time!!👎🤪🤔😡

micksfoley CharlotteGriev1 Sold my shares today Go woke go broke on your own thanks

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