Banks to get a green sheen

27 April 2012 - Financial Review, Australia, John Roskam

Soon there will be something else to beat up the banks about. Politicians will have more than just interest rate rises, billion-dollar profits and CEO salaries to get upset about. Banking and biodiversity will be the new battleground. … regulating the banks themselves could potentially stop entire categories of projects, not just particular projects, as happens now. And the sort of projects that have the most impact on biodiversity are the sort of projects the country is more in need of – namely infrastructure and specifically roads and ports. Read More.