WAYNE Swan has labelled "deplorable" a full-page advertisement taken out in Asian newspapers by environmental groups urging readers not to invest in Australia.
The ad in the Asian Financial Times headed "Don't sink your profits into the Great Barrier Reef" warns that the expansion of the coal-mining industry leading to more coal ships travelling through the reef is opposed by most Australians.
"I think that's deplorable and it should be condemned, and I do condemn it in the strongest possible terms," said the Treasurer.
"The government is committed to responding to the resources industry, which is why we are also determined to put in place strict environmental safeguards.
"We've had to pull the Queensland government into line on that question this week, we certainly don't need to see this sort of obnoxious behaviour from Greenpeace."
The ad is co-sponsored by Greenpeace, Banktrack and GetUp! Australia and is authorised by GetUp! director Simon Sheikh.
The advertisement comes at the end of a week in which the Queensland and federal governments were at loggerheads over whether there had been a proper environmental assessment of the $6.2 billion Alpha Coal project, which is 80 per cent owned by Indian company GVK and the rest by Gina Rinehart's Hancock Coal.
http://www.theaustralian.com.au/national-affairs/wayne-swan-slams-greenpeace-adv...