Federal resources minister insists inquiry into banks’ decision to abandon thermal coal will go ahead

Committee has delayed decision after some Liberals criticised proposal but Keith Pitt says it should ‘do its job’

The federal resources minister, Keith Pitt, has warned parliament’s joint standing committee on trade and investment growth to “do its job” after the group deferred a decision on whether to conduct a controversial inquiry into the climate policies of banks and insurers.

Pitt has asked the parliamentary committee, chaired by his Queensland Nationals colleague George Christensen, to investigate how climate change is impacting the lending decisions of banks.

Related: The Coalition will lose more former heartland seats to independents without a climate plan | Malcolm Turnbull

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