Environmentally-damaging activities of RBS must now stop
East of England Green Party candidates for the European elections this June Cllr. Rupert Read and Peter Lynn (1st and 2nd respectively on the Eastern Green Party Euro-list) will be protesting outside the Royal Bank of Scotland HQ at 280 Bishopsgate near Liverpool Street station in London, this Thursday.
The protest is organised by the Climate Rush campaign, a direct action group aiming to pressure the Government and businesses into taking dangerous climate change seriously[1].
Rupert and Peter will descend on the bank’s headquarters at 1 o’clock to lend their voices. They will express their dismay at the £33 billion RBS have received in bail outs so far and the scandalous £16 million pension fund received by failed former RBS boss Sir Fred Goodwin, in the context of the incredible £16 billion worth of loans awarded to the coal industry in just the last two years, which is more than any other British bank.
Cllr. Read, prospective MEP for the East of England, said:
“RBS is the UK’s biggest sponsor of climate change and finances a whole range of environmentally devastating projects from oil extraction from the Canadian tar sands to the Kingsnorth power station. In fact, the carbon footprint of the projects it funds was calculated two years ago to be larger than Scotland’s![2]
“Now that the bank is 60% public owned and has received so many billions of pounds in public money these unacceptable practices must stop. Business should never be able to make huge profits from destroying the world. But to make such profits and wreak such havoc using taxpayers money and with the direct financial support of a Government who professes to be serious about tackling environmental degradation …
“Something has to be done. East Anglia is profoundly vulnerable to sea-level-rise; we are not going to stand idly by and watch while RBS, with government connivance, play a key role in devastating our climate. I urge anyone who feels strongly about this disgraceful situation to write to their MP and let them know - or to join me and Peter in London this Thursday.”
[1] http://www.climaterush.co.uk/
[2] The Beaver, ‘RBS’s shameful involvement with oil and gas must be ended’, 10th Feb 2009. http://thebeaveronline.co.uk/2009/02/rbss-shameful-involvement-with-oil-and-gas-must-be-ended.html
East of England Green Party candidates for the European elections this June Cllr. Rupert Read and Peter Lynn (1st and 2nd respectively on the Eastern Green Party Euro-list) will be protesting outside the Royal Bank of Scotland HQ at 280 Bishopsgate near Liverpool Street station in London, this Thursday.
The protest is organised by the Climate Rush campaign, a direct action group aiming to pressure the Government and businesses into taking dangerous climate change seriously[1].
Rupert and Peter will descend on the bank’s headquarters at 1 o’clock to lend their voices. They will express their dismay at the £33 billion RBS have received in bail outs so far and the scandalous £16 million pension fund received by failed former RBS boss Sir Fred Goodwin, in the context of the incredible £16 billion worth of loans awarded to the coal industry in just the last two years, which is more than any other British bank.
Cllr. Read, prospective MEP for the East of England, said:
“RBS is the UK’s biggest sponsor of climate change and finances a whole range of environmentally devastating projects from oil extraction from the Canadian tar sands to the Kingsnorth power station. In fact, the carbon footprint of the projects it funds was calculated two years ago to be larger than Scotland’s![2]
“Now that the bank is 60% public owned and has received so many billions of pounds in public money these unacceptable practices must stop. Business should never be able to make huge profits from destroying the world. But to make such profits and wreak such havoc using taxpayers money and with the direct financial support of a Government who professes to be serious about tackling environmental degradation …
“Something has to be done. East Anglia is profoundly vulnerable to sea-level-rise; we are not going to stand idly by and watch while RBS, with government connivance, play a key role in devastating our climate. I urge anyone who feels strongly about this disgraceful situation to write to their MP and let them know - or to join me and Peter in London this Thursday.”
[1] http://www.climaterush.co.uk/
[2] The Beaver, ‘RBS’s shameful involvement with oil and gas must be ended’, 10th Feb 2009. http://thebeaveronline.co.uk/2009/02/rbss-shameful-involvement-with-oil-and-gas-must-be-ended.html
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