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Tasmanian Pulp Mill Finance Stalled

Australian media reports "Plans for Tasmania's controversial $2 billion pulp mill are dead [ark | search]... following reports the ANZ bank will pull out of funding the project." ANZ has not yet publicly confirmed the decision, yet should they do so, this would be a tremendous victory for the ancient forest protection movement.Let's hope this is more than Green wishful thinking. Yet, clearly the Gunns' much maligned Tasmanian pulp mill proposal [alert] -- the focus of protest by many including Ecological Internet's Earth Action Network -- is facing troubles as its construction is much delayed. We have protested the mill on half a dozen occasions over past years, most lately targeting ANZ funding apparently with some impact. We must intensify protests until Australian ancient forest logging ends.Ancient forest logging releases vast carbon stores [search] at great expense to the climate. The Australian government must end its ridiculous double-standard regarding international and domestic forest protection in regard to climate.

Source: ClimateArk

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