Despite Macquarie’s claims to support the goals of the Paris agreement, the bank is financing carbon intensive fossil fuel expansion in the Northern Territory.
Traditional Owners and farmers are concerned about Empire Energy’s fracking activities due to impacts on water, the environment and health.
Empire Energy (which has changed its name to Beetaloo Energy Australia) relied on outdated industry forecasts overstating gas demand to raise capital from investors for its plan to frack Beetaloo.
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