PRESS RELEASEEcological Internet (EI) welcomes news that ANZ Bank of Australia will not fund the Gunns Tasmanian pulp mill [search]. In a statement ANZ announced it will not provide finance for the AU$ 2 billion project to pulp ancient forests for throw-away paper products, but did not provide a rea

PRESS RELEASE

Ecological Internet (EI) welcomes news that ANZ Bank of Australia will not fund the Gunns Tasmanian pulp mill [search]. In a statement ANZ announced it will not provide finance for the AU$ 2 billion project to pulp ancient forests for throw-away paper products, but did not provide a reason for withdrawing. International environmental protest spearheaded by Ecological Internet, in support of local protests, certainly played a major role.

ANZ Bank, and the Australian and Tasmanian governments, have been targets of environmental protest in country and from Ecological Internet and other overseas groups for years. Most recently, in early April, nearly 3,000 EI Earth Action Network participants from 87 countries sent a quarter of a million protest emails to ANZ and the Australian government asking that ANZ withdraw funding. The Australian national government was also called out for their hypocrisy in supporting protection of forests overseas to address climate change, but not in Tasmania.