ROYAL Bank of The bank, which is 80 per cent-owned by taxpayers after being bailed out by the
The terminal intends to export coal from nine major mines planned for
Environmental campaigners and scientists fear the dredged material could damage the ecosystem of the reef, with sediment potentially smothering corals and seagrasses and exposing them to pollutants and elevated levels of nutrients.
In a tweet, RBS said: "We are not involved in financing the expansion of
The move by RBS came as world heritage body Unesco deferred a decision to 2015 on whether to add the Great Barrier Reef to its
Unesco said it had asked
ROYAL Bank of
The bank, which is 80 per cent-owned by taxpayers after being bailed out by the