{"id":81427,"date":"2025-11-20T13:35:27","date_gmt":"2025-11-20T02:35:27","guid":{"rendered":"https:\/\/www.marketforces.org.au\/?p=81427"},"modified":"2026-01-07T11:25:44","modified_gmt":"2026-01-07T00:25:44","slug":"apa-2025-agm-update","status":"publish","type":"post","link":"https:\/\/www.marketforces.org.au\/apa-2025-agm-update\/","title":{"rendered":"Scientists, Health Experts, Securityholders and NT communities put APA on notice over Beetaloo gas expansion"},"content":{"rendered":"\n<p>At APA Group\u2019s 2025 Annual Meeting in Sydney, community leaders from the Northern Territory, climate scientists, doctors, and securityholders united to deliver one message the board could not ignore:<\/p>\n\n\n\n<p>You can\u2019t claim climate action or Paris-alignment while building pipelines that would unleash over a billion tonnes of emissions from the Beetaloo Basin.<\/p>\n\n\n\n<p>Outside the Annual Meeting, Market Forces projected this message onto a mobile billboard truck, circling the venue with messages reading:<br>\u201cDon\u2019t risk our water\u201d<br>\u201cDon\u2019t risk our health.\u201d<br>\u201cAPA Group, don\u2019t frack the Beetaloo.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"575\" src=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2025\/11\/APA-Group-mobile-signage-1024x575.jpg\" alt=\"\" class=\"wp-image-81428\" srcset=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2025\/11\/APA-Group-mobile-signage-980x550.jpg 980w, https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2025\/11\/APA-Group-mobile-signage-480x270.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<p>Inside the meeting, the same message rang through again and again, from scientists and community members questioning the Board on the floor as well as international investors voting in favour of our resolutions calling for climate accountability and due diligence on APA\u2019s Beetaloo fracking partners.<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">\u201cA carbon bomb in slow motion\u201d<\/h2>\n\n\n\n<p>If fracking in the Beetaloo Basin proceeds, it could release over a billion tonnes of greenhouse gas emissions &#8211; more than 20% of Australia\u2019s current annual emissions, if operating until 2070.<\/p>\n\n\n\n<p>APA\u2019s proposed pipelines would enable this carbon bomb, transporting gas from fracking wells through NT communities and aquifers toward export terminals.<\/p>\n\n\n\n<p>At this year\u2019s annual meeting, two resolutions filed by Market Forces demanded basic pre-FID (final investment decision) safeguards:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Resolution 7C<\/strong> \u2013 calling for full disclosure of the lifecycle emissions from Beetaloo-linked pipelines and their compatibility with APA\u2019s climate targets and support for the goals of the Paris Climate Agreement;<br><\/li>\n\n\n\n<li><strong>Resolution 7D<\/strong> \u2013 requiring independent due diligence on APA\u2019s fracking partners, Beetaloo Energy (formerly Empire Energy) and Tamboran Resources, both of which have troubling environmental and safety records.<\/li>\n<\/ul>\n\n\n\n<p>Both resolutions won meaningful support \u2014 15.7% and 9.8% of shareholder votes respectively \u2014 representing investors managing almost A$1.7 trillion in assets, including major global public sector and pension funds.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Inside the room: key moments<\/h2>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading\">Science versus spin<\/h4>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe cannot stay underneath 1.5\u00b0C with any, and I mean any, new fossil fuel infrastructure. Beetaloo is a carbon bomb.\u201d<br>&#8211; <em>Professor Lesley Hughes, former IPCC lead author<\/em><\/p>\n<\/blockquote>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Professor Lesley Hughes - APA Annual Meeting 2025\" width=\"1080\" height=\"608\" src=\"https:\/\/www.youtube.com\/embed\/OqCegodWWzA?feature=oembed&#038;enablejsapi=1&#038;origin=https:\/\/www.marketforces.org.au\"  allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Video: Professor Lesley Hughes challenges APA Group on the incompatibility of the Beetaloo Basin gas project with a climate safe future.<\/em><\/p>\n\n\n\n<p>Renowned climate scientist Professor Lesley Hughes directly challenged APA\u2019s claim that it supports the goals of the Paris Climate Agreement. The chair responded by stating gas would continue to be required until 2050 under different IPCC scenarios, and argued that new gas developments aligns with current federal government policies.<br><br>But Professor Hughes\u2019 point was clear and irrefutable: the IPCC and IEA both confirm that existing fossil fuel infrastructure already exceeds the 1.5\u00b0C carbon budget. No new oil or gas can fit within that limit. Professor Hughes powerfully urged the APA Board not to hide behind government policy, and to take genuine responsibility for aligning with climate science.<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Don\u2019t turn the NT into a sacrifice zone<\/h2>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201c[The Mataranka Springs] is our water source, it\u2019s our culture, it\u2019s our tourism, and it\u2019s really our livelihoods.\u201d<br><em>&#8211; Dr Megan Pickering, Katherine veterinarian and academic, Protect Big Rivers<\/em><\/p>\n<\/blockquote>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Dr Megan Pickering - APA 2025 Annual Meeting\" width=\"1080\" height=\"608\" src=\"https:\/\/www.youtube.com\/embed\/Cq8HlPtO_aQ?feature=oembed&#038;enablejsapi=1&#038;origin=https:\/\/www.marketforces.org.au\"  allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Video: Dr Megan Pickering travelled from Katherine, NT to tell the APA Board about the deep concerns of remote community members, and how fracking will threaten the community\u2019s water source.<\/em><\/p>\n\n\n\n<p>Veterinarian and long-time Katherine resident, Dr Megan Pickering delivered one of the most powerful statements of the day.<\/p>\n\n\n\n<p>Representing the Protect Big Rivers alliance, she described how communities rely entirely on groundwater from the Cambrian Limestone Aquifer, which fracking threatens to deplete and contaminate, as the NT already suffers from intensifying heatwaves and droughts.<\/p>\n\n\n\n<p>Dr Pickering also brought handwritten letters from her community, penned by landholders and residents around Katherine who could not afford to travel to Sydney. Their message was simple: We want to be heard. We rely on this water to live.<\/p>\n\n\n\n<p>She asked the Board whether APA would accept responsibility for safeguarding the Mataranka Springs and commit to binding clauses that suspend gas transport if groundwater triggers are breached. The Chair refused, replying only that APA would comply with whatever conditions are imposed if development approvals are granted.<\/p>\n\n\n\n<p>When Dr Pickering told the room that the NT Government had \u201crammed through\u201d the Territory Coordinator legislation that allows a single unelected bureaucrat to override local consent, the CEO insisted APA\u2019s engagement had been \u201ccommended\u201d by the Northern Land Council.<\/p>\n\n\n\n<p>Dr Pickering countered with the reality of communities on the ground:<\/p>\n\n\n\n<p><strong><em>\u201cI was in a community meeting in Katherine on Sunday with NLC members who said they knew nothing about what you\u2019re talking about.\u201d<\/em><\/strong><\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"575\" src=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2025\/11\/APA-Group-AGM-Community-Members-NT-1024x575.jpg\" alt=\"\" class=\"wp-image-81442\" srcset=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2025\/11\/APA-Group-AGM-Community-Members-NT-980x550.jpg 980w, https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2025\/11\/APA-Group-AGM-Community-Members-NT-480x270.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Community members from the Northern Territory travelled to address APA Group\u2019s board at its Annual Meeting in Sydney.<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Holding the evidence in hand<\/h2>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWould you grow your vegetables in this? If it\u2019s not good enough for you, why is it okay for NT communities?\u201d<br><em>&#8211; Angelica Mantikas, Market Forces Gas Campaigner<\/em><\/p>\n<\/blockquote>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Angelica Mantikas - APA 2025 Annual Meeting\" width=\"1080\" height=\"608\" src=\"https:\/\/www.youtube.com\/embed\/70HVPOj3uoI?feature=oembed&#038;enablejsapi=1&#038;origin=https:\/\/www.marketforces.org.au\"  allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Video: Market Forces Gas Campaigner Angelica Mantikas questions the board on the long term contamination risks of fracking in the Beetaloo basin.<\/em><\/p>\n\n\n\n<p>Market Forces\u2019 Angelica Mantikas spoke on behalf of more than 100 securityholders supporting the resolutions. Ms Mantikas asked the board if they were \u201cat all concerned about the potentially major adverse impacts such as climate, environmental, cultural, agricultural and economic that may not ever be possible to remediate.\u201d<\/p>\n\n\n\n<p>Holding up a soil sample collected by independent scientist Professor Ian Wright from near Beetaloo Energy\u2019s Carpentaria-5 spill site, Ms Mantikas told the board the soil sample was taken from an area where Traditional Owners still live off the land. Professor Wright found elevated heavy metals, nutrients, and radioactivity &#8211; and warned of a contamination chain reaction that could last generations.<\/p>\n\n\n\n<p>Ms Mantikas challenged the board\u2019s repeated assurances that fracking is safe if properly regulated and raised concern about APA\u2019s upstream partners. The Chair dismissed the example, claiming most incidents were \u201cself-reported\u201d and had caused no material environmental harm &#8211; relying on government approvals and processes that have fallen short thus far to protect certain areas, such as the Carpentaria-5 spill site.<\/p>\n\n\n\n<p>The exchange drew audible frustration from the room. Community advocates later described the exchange as emblematic of the industry\u2019s \u201cculture of denial\u201d.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Health experts demand accountability<\/strong><\/h2>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cHow can APA proceed with a project related to the Beetaloo project in good faith, knowing these harms? Is this deemed just a necessary cost of doing business?\u201d<br>&#8211; Dr Anthony Hull, Doctors for the Environment Australia<\/p>\n<\/blockquote>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Dr Anthony Hull - APA 2025 Annual Meeting\" width=\"1080\" height=\"608\" src=\"https:\/\/www.youtube.com\/embed\/xahERtBO0oo?feature=oembed&#038;enablejsapi=1&#038;origin=https:\/\/www.marketforces.org.au\"  allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Video: Dr Anthony Hull advised the APA Board about the health risks for populations living near fracking wells and pipelines.<\/em><\/p>\n\n\n\n<p><strong>Dr Anthony Hull <\/strong>cited peer-reviewed international studies linking proximity to fracking wells with severe health impacts &#8211; including higher rates of leukaemia for children who live near fracking wells and pipelines, low birthweight and premature births, birth defects, asthma, and increased severity of chronic disease. Studies also show higher rates of premature death for populations that live near gas and oil projects internationally. Dr Hull stated, \u201cI\u2019m providing this information based on robust, accepted, and recent medical evidence.\u201d<\/p>\n\n\n\n<p>Despite this, the chair again relied on selective sources and claimed that \u201cthe evidence simply isn\u2019t there that it\u2019s dangerous\u201d He also assumed that the health impacts raised by Dr Hull would be addressed during the project\u2019s approval processes.<\/p>\n\n\n\n<p>Dr Hull directly challenged this, pointing out that Australian regulation does not assess health impacts at all &#8211; a major gap that leaves affected communities unprotected.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h6 class=\"wp-block-heading\"><strong>What investors said with their votes<\/strong><\/h6>\n\n\n\n<div class=\"wpdt-c row wpDataTableContainerSimpleTable wpDataTables wpDataTablesWrapper\n\"\n    >\n        <table id=\"wpdtSimpleTable-370\"\n           style=\"border-collapse:collapse;\n                   border-spacing:0px;\"\n           class=\"wpdtSimpleTable wpDataTable\"\n           data-column=\"6\"\n           data-rows=\"4\"\n           data-wpID=\"370\"\n           data-responsive=\"0\"\n           data-has-header=\"0\">\n\n                    <tbody>        <tr class=\"wpdt-cell-row \" >\n                                <td class=\"wpdt-cell wpdt-bold\"\n                                            data-cell-id=\"A1\"\n                    data-col-index=\"0\"\n                    data-row-index=\"0\"\n                    style=\" width:16.666666666667%;                    padding:10px;\n                    \"\n                    >\n                                        Item                    <\/td>\n                                                <td class=\"wpdt-cell wpdt-bold\"\n                                            data-cell-id=\"B1\"\n                    data-col-index=\"1\"\n                    data-row-index=\"0\"\n                    style=\" width:16.666666666667%;                    padding:10px;\n                    \"\n                    >\n                                        Resolution                    <\/td>\n                                                <td class=\"wpdt-cell wpdt-bold\"\n                                            data-cell-id=\"C1\"\n                    data-col-index=\"2\"\n                    data-row-index=\"0\"\n                    style=\" width:16.666666666667%;                    padding:10px;\n                    \"\n                    >\n                                        For                    <\/td>\n                                                <td class=\"wpdt-cell wpdt-bold\"\n                                            data-cell-id=\"D1\"\n                    data-col-index=\"3\"\n                    data-row-index=\"0\"\n                    style=\" width:16.666666666667%;                    padding:10px;\n                    \"\n                    >\n                                        Against                    <\/td>\n                                                <td class=\"wpdt-cell wpdt-bold\"\n                                            data-cell-id=\"E1\"\n                    data-col-index=\"4\"\n                    data-row-index=\"0\"\n                    style=\" width:16.666666666667%;                    padding:10px;\n                    \"\n                    >\n                                        Abstain                    <\/td>\n                                                <td class=\"wpdt-cell wpdt-bold\"\n                                            data-cell-id=\"F1\"\n                    data-col-index=\"5\"\n                    data-row-index=\"0\"\n                    style=\" width:16.666666666667%;                    padding:10px;\n                    \"\n                    >\n                                        Outcome                    <\/td>\n                                        <\/tr>\n                            <tr class=\"wpdt-cell-row \" >\n                                <td class=\"wpdt-cell wpdt-align-left\"\n                                            data-cell-id=\"A2\"\n                    data-col-index=\"0\"\n                    data-row-index=\"1\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        Advisory vote                    <\/td>\n                                                <td class=\"wpdt-cell wpdt-align-left\"\n                                            data-cell-id=\"B2\"\n                    data-col-index=\"1\"\n                    data-row-index=\"1\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        Climate Transition Plan                    <\/td>\n                                                <td class=\"wpdt-cell \"\n                                            data-cell-id=\"C2\"\n                    data-col-index=\"2\"\n                    data-row-index=\"1\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        89.8%                    <\/td>\n                                                <td class=\"wpdt-cell \"\n                                            data-cell-id=\"D2\"\n                    data-col-index=\"3\"\n                    data-row-index=\"1\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        10.2%                    <\/td>\n                                                <td class=\"wpdt-cell \"\n                                            data-cell-id=\"E2\"\n                    data-col-index=\"4\"\n                    data-row-index=\"1\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        91.8m                    <\/td>\n                                                <td class=\"wpdt-cell wpdt-align-left\"\n                                            data-cell-id=\"F2\"\n                    data-col-index=\"5\"\n                    data-row-index=\"1\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        Significant dissent                    <\/td>\n                                        <\/tr>\n                            <tr class=\"wpdt-cell-row \" >\n                                <td class=\"wpdt-cell wpdt-align-left\"\n                                            data-cell-id=\"A3\"\n                    data-col-index=\"0\"\n                    data-row-index=\"2\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        7C                    <\/td>\n                                                <td class=\"wpdt-cell wpdt-align-left\"\n                                            data-cell-id=\"B3\"\n                    data-col-index=\"1\"\n                    data-row-index=\"2\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        Beetaloo emissions & Paris-alignment disclosure                    <\/td>\n                                                <td class=\"wpdt-cell \"\n                                            data-cell-id=\"C3\"\n                    data-col-index=\"2\"\n                    data-row-index=\"2\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        15.7%                    <\/td>\n                                                <td class=\"wpdt-cell \"\n                                            data-cell-id=\"D3\"\n                    data-col-index=\"3\"\n                    data-row-index=\"2\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        84.3%                    <\/td>\n                                                <td class=\"wpdt-cell \"\n                                            data-cell-id=\"E3\"\n                    data-col-index=\"4\"\n                    data-row-index=\"2\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        \u2014                    <\/td>\n                                                <td class=\"wpdt-cell wpdt-align-left\"\n                                            data-cell-id=\"F3\"\n                    data-col-index=\"5\"\n                    data-row-index=\"2\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        Strong pre-FID support for disclosure                    <\/td>\n                                        <\/tr>\n                            <tr class=\"wpdt-cell-row \" >\n                                <td class=\"wpdt-cell wpdt-align-left wpdt-bold\"\n                                            data-cell-id=\"A4\"\n                    data-col-index=\"0\"\n                    data-row-index=\"3\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        7D                    <\/td>\n                                                <td class=\"wpdt-cell wpdt-align-left\"\n                                            data-cell-id=\"B4\"\n                    data-col-index=\"1\"\n                    data-row-index=\"3\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        Due diligence on Beetaloo Energy & Tamboran                    <\/td>\n                                                <td class=\"wpdt-cell \"\n                                            data-cell-id=\"C4\"\n                    data-col-index=\"2\"\n                    data-row-index=\"3\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        9.8%                    <\/td>\n                                                <td class=\"wpdt-cell \"\n                                            data-cell-id=\"D4\"\n                    data-col-index=\"3\"\n                    data-row-index=\"3\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        90.2%                    <\/td>\n                                                <td class=\"wpdt-cell \"\n                                            data-cell-id=\"E4\"\n                    data-col-index=\"4\"\n                    data-row-index=\"3\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        \u2014                    <\/td>\n                                                <td class=\"wpdt-cell wpdt-align-left\"\n                                            data-cell-id=\"F4\"\n                    data-col-index=\"5\"\n                    data-row-index=\"3\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        One in ten backed transparency                    <\/td>\n                                        <\/tr>\n                    <\/table>\n<\/div><style id='wpdt-custom-style-370'>\nbutton.button.btn.wdt-clear-filters-button {\n\tbackground: #ffffff;\n\tborder-style: solid;\n\tborder-width: 2px;\n\tborder-color: #903e4c;\n\ttext-shadow: 0px 0px;\n}\n\ndiv.wpDataTables.wpDataTablesFilter.wpDataTablesWrapper.data-t {\n\tmargin-bottom: 0px;\n}\n\ndiv.wpDataTableFilterSection {\n\tmargin-bottom: 0px !important;\n}<\/style>\n<style>\n            \/* th background color *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting {\n        background-color: #F06400 !important;\n        background-image: none !important;\n    }\n\n                \/* th font color *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th {\n        color: #ffffff !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting:after,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting_asc:after {\n        border-bottom-color: #ffffff !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting_desc:after {\n        border-top-color: #ffffff !important;\n    }\n\n        \n                                                                                            \/* table font size *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable {\n        font-size: 14px !important;\n    }\n\n            \n                <\/style>\n\n\n\n\n<p>Institutional investors including <strong>New York City Pension Funds, CalPERS, KLP,<\/strong> and <strong>Storebrand<\/strong> publicly endorsed the call for basic transparency and risk assessment before APA commits billions to Beetaloo pipelines.<\/p>\n\n\n\n<h6 class=\"wp-block-heading\"><strong>Fact check: APA\u2019s claims vs reality<\/strong><\/h6>\n\n\n\n<div class=\"wpdt-c row wpDataTableContainerSimpleTable wpDataTables wpDataTablesWrapper\n\"\n    >\n        <table id=\"wpdtSimpleTable-371\"\n           style=\"border-collapse:collapse;\n                   border-spacing:0px;\"\n           class=\"wpdtSimpleTable wpDataTable\"\n           data-column=\"2\"\n           data-rows=\"4\"\n           data-wpID=\"371\"\n           data-responsive=\"0\"\n           data-has-header=\"0\">\n\n                    <tbody>        <tr class=\"wpdt-cell-row \" >\n                                <td class=\"wpdt-cell wpdt-bold\"\n                                            data-cell-id=\"A1\"\n                    data-col-index=\"0\"\n                    data-row-index=\"0\"\n                    style=\" width:32.154340836013%;                    padding:10px;\n                    \"\n                    >\n                                        APA claim                    <\/td>\n                                                <td class=\"wpdt-cell wpdt-bold\"\n                                            data-cell-id=\"B1\"\n                    data-col-index=\"1\"\n                    data-row-index=\"0\"\n                    style=\" width:67.845659163987%;                    padding:10px;\n                    \"\n                    >\n                                        Reality                    <\/td>\n                                        <\/tr>\n                            <tr class=\"wpdt-cell-row \" >\n                                <td class=\"wpdt-cell wpdt-align-left wpdt-valign-top\"\n                                            data-cell-id=\"A2\"\n                    data-col-index=\"0\"\n                    data-row-index=\"1\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        We\u2019re aligned to Paris because we comply with the Safeguard Mechanism.                    <\/td>\n                                                <td class=\"wpdt-cell wpdt-align-left wpdt-valign-top\"\n                                            data-cell-id=\"B2\"\n                    data-col-index=\"1\"\n                    data-row-index=\"1\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        Compliance with domestic policy \u2260 scientific alignment. The IPCC and IEA both confirm: no new oil or gas fields fit within a 1.5\u00b0C pathway.                    <\/td>\n                                        <\/tr>\n                            <tr class=\"wpdt-cell-row \" >\n                                <td class=\"wpdt-cell wpdt-align-left wpdt-valign-top\"\n                                            data-cell-id=\"A3\"\n                    data-col-index=\"0\"\n                    data-row-index=\"2\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        Fracking is completely safe if properly regulated.                    <\/td>\n                                                <td class=\"wpdt-cell wpdt-align-left wpdt-valign-top\"\n                                            data-cell-id=\"B3\"\n                    data-col-index=\"1\"\n                    data-row-index=\"2\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        In the Beetaloo, 30+ environmental incidents have already been recorded in the exploration phase. The NT\u2019s Pepper Inquiry said fracking could only be \u201csafe\u201d if all recommendations were implemented - yet fewer than half have been, and many only on paper.                    <\/td>\n                                        <\/tr>\n                            <tr class=\"wpdt-cell-row \" >\n                                <td class=\"wpdt-cell wpdt-align-left wpdt-valign-top\"\n                                            data-cell-id=\"A4\"\n                    data-col-index=\"0\"\n                    data-row-index=\"3\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        It\u2019s too early to disclose emissions, we\u2019ll do it after approvals.                    <\/td>\n                                                <td class=\"wpdt-cell wpdt-align-left wpdt-valign-top\"\n                                            data-cell-id=\"B4\"\n                    data-col-index=\"1\"\n                    data-row-index=\"3\"\n                    style=\"                    padding:10px;\n                    \"\n                    >\n                                        Pre-FID is when investors need this analysis. Once capital is sunk, communities bear the cost. Resolutions 7C and 7D asked for the bare minimum: evidence-based due diligence before greenlighting the project.                    <\/td>\n                                        <\/tr>\n                    <\/table>\n<\/div><style id='wpdt-custom-style-371'>\nbutton.button.btn.wdt-clear-filters-button {\n\tbackground: #ffffff;\n\tborder-style: solid;\n\tborder-width: 2px;\n\tborder-color: #903e4c;\n\ttext-shadow: 0px 0px;\n}\n\ndiv.wpDataTables.wpDataTablesFilter.wpDataTablesWrapper.data-t {\n\tmargin-bottom: 0px;\n}\n\ndiv.wpDataTableFilterSection {\n\tmargin-bottom: 0px !important;\n}<\/style>\n<style>\n            \/* th background color *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting {\n        background-color: #F06400 !important;\n        background-image: none !important;\n    }\n\n                \/* th font color *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th {\n        color: #ffffff !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting:after,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting_asc:after {\n        border-bottom-color: #ffffff !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting_desc:after {\n        border-top-color: #ffffff !important;\n    }\n\n        \n                                                                                            \/* table font size *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable {\n        font-size: 14px !important;\n    }\n\n            \n                <\/style>\n\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Communities lead &#8211; investors follow<\/strong><\/h2>\n\n\n\n<p>This annual meeting showed that <strong>scientists, community leaders, and investors are closing ranks<\/strong>. The board\u2019s refusal to answer simple questions on climate, water, and consent has left APA isolated from both its communities and a growing number of shareholders.<\/p>\n\n\n\n<p>From the room to the streets, people are demanding one thing:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Stop enabling Beetaloo fracking.<\/strong><\/li>\n\n\n\n<li><strong>Protect our water.<\/strong><\/li>\n\n\n\n<li><strong>Protect our health.<\/strong><\/li>\n\n\n\n<li><strong>Protect our climate<\/strong>.<\/li>\n\n\n\n<li><strong><span style=\"text-decoration: underline;\"><em>Protect our future.<\/em><\/span><\/strong><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"575\" src=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2025\/11\/APA-AGM-mobile-signate-2-1024x575.jpg\" alt=\"\" class=\"wp-image-81434\" srcset=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2025\/11\/APA-AGM-mobile-signate-2-980x550.jpg 980w, https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2025\/11\/APA-AGM-mobile-signate-2-480x270.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Take action<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-buttons ticss-cc6e47b8 is-horizontal is-content-justification-left is-layout-flex wp-container-core-buttons-is-layout-92fc3979 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-luminous-vivid-orange-background-color has-background has-medium-font-size has-custom-font-size wp-element-button\" href=\"https:\/\/www.marketforces.org.au\/campaigns\/companies\/apa-group\/\"><em>Tell APA\u2019s Board: No Beetaloo pipelines. No new gas.<\/em><\/a><\/div>\n<\/div>\n\n\n\n<p>Join thousands calling on APA to rule out building pipelines that would enable fracking in the Northern Territory.<\/p>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>References:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>IPCC AR6 Synthesis Report 2023 \u2013 Headline Statements (<a href=\"https:\/\/www.ipcc.ch\/report\/ar6\/syr\/resources\/spm-headline-statements\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.ipcc.ch\/report\/ar6\/syr\/resources\/spm-headline-statements\/ <\/a>)<br>2.[IEA Net Zero by 2050 Roadmap (2023 update) (<a href=\"https:\/\/www.iea.org\/reports\/net-zero-by-2050\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.iea.org\/reports\/net-zero-by-2050<\/a> )<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>At APA Group\u2019s 2025 Annual Meeting in Sydney, community leaders from the Northern Territory, climate scientists, doctors, and securityholders united to deliver one message the board could not ignore: You can\u2019t claim climate action or Paris-alignment while building pipelines that would unleash over a billion tonnes of emissions from the Beetaloo Basin. Outside the Annual [&hellip;]<\/p>\n","protected":false},"author":76,"featured_media":81437,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[17,24,10,16,222],"tags":[26,510,928,1656,921,1676,1347,1613,342,179,1607],"class_list":["post-81427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-feature","category-gas","category-news","category-shareholder-action","tag-agm","tag-apa","tag-apa-group","tag-beetaloo","tag-beetaloo-basin","tag-beetaloo-energy","tag-empire-energy","tag-fossil-gas","tag-fracking","tag-gas","tag-tamboran-resources"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Scientists, Health Experts, Securityholders and NT communities put APA on notice over Beetaloo gas expansion - Market Forces<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketforces.org.au\/apa-2025-agm-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Scientists, Health Experts, Securityholders and NT communities put APA on notice over Beetaloo gas expansion - Market Forces\" \/>\n<meta property=\"og:description\" content=\"At APA Group\u2019s 2025 Annual Meeting in Sydney, community leaders from the Northern Territory, climate scientists, doctors, and securityholders united to deliver one message the board could not ignore: You can\u2019t claim climate action or Paris-alignment while building pipelines that would unleash over a billion tonnes of emissions from the Beetaloo Basin. 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