by Rhoda Wilson, Expose News:
Federated Farmers, a lobbying group for all farmers in New Zealand, has sounded the alarm over the devastating effects on rural communities if banks continue to withdraw lending support for petrol stations, particularly those in small towns and rural areas. The organisation has received panicked calls from petrol station owners who are struggling to cope with the banks’ new policies.
Banks are defunding petrol stations by 2030 as part of their commitment to the Net-Zero Banking Alliance, a global coalition of 140 banks convened by the United Nations.
Farmers are also being subjected to unsettling questions from New Zealand banks about farm “emissions” and are facing targets being set by the banks to reduce “emissions.”