AMP and climate change role

26th October 2006
From AMP Financial Services

I just received this article in their Connections eZine - weird that their date is last October. It is interesting to read a financial institution emphasising that things are going to change, and that your investing style will need to follow. Unfortunately it is a general 'accept change' message and not ones saying things like:

Do not invest in:

• GUNNS and other forestry industries are perpetuating global warming, and causing general and unnecessary damage to our ecosystem through their logging operations (Tasmanian Old Growth Forests). Morally you shouldn't invest in this company.
  
• Mining companies consume mass amounts of energy extracting the ore they seek from the ground, and in the process help destroy the ecosystems they mine at. Then further energy is required to process that ore and turn it into products. Morally you shouldn't invest in these companies.
  
• Exxon Mobil and many other energy companies paid blood money to discredit global warming and environment destruction. They may purport to be developing alternate energy sources and solutions, though their heart isn't in it - they still rape the land for black gold and will suck every last drop out since that last drop will be worth a million bucks. See George Monbiot on oil, including George on Exxon Mobil,
  
• Some Banks and other financial institutions invest in companies who rape and pillage - be selective with those you invest with. See Barclays Bank exposed.
  

Instead invest in companies that are trying their best to solve the problems:

• Alternate energy companies such as Geodynamics (hot rocks) and
  
• SunCube Technology (solar generation),
  
• Stanwell Corporation (wind), or other
  
• Wind generation companies.
  

Use your money instead to get renewable eneergy for your home, such as:

• through a SunCube
  
• Solar hot water.
  

And with community organisations helping to spread the good word such as:

• Friends Of the Earth,
  
• Worldwide Fund for Nature (WWF),
  
• World Society for the Prevention of cruelty to Animals (WSPA),
  
• The Wilderness Society (TWS).