Financial regulators will join banks and insurers in being grilled by a parliamentary committee poised to investigate financial institutions for pulling back on lending and insurance to mining-related businesses because of climate change.
Government and Labor members of the Joint Standing Committee on Trade and Investment Growth on Monday fought over the need for the inquiry that will be led by climate change sceptic, Queensland Liberal National MP George Christensen.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
