Posted by Rishi at 4.20pm on 28 April 2010
SEAD along with other protesters from Amnesty International, Friends of the Earth Scotland, People & Planet and the World Development Movement gathered outside the Edinburgh International Conference Centre for the Royal Bank of Scotland AGM to raise concerns about unsustainable investments. More to follow later from the alternative RBS AGM.
Posted by Jeni at 5.29pm on 26 April 2010
Since the Government bailout of the Royal Bank of Scotland in 2008, UK taxpayers now own an 84% share. Yet the Government is ignoring its own guidance by allowing RBS to continue using our money to finance projects and companies who actively ignore and exacerbate the dangers of climate change and human rights abuses, for short term profit.
RBS is holding its Annual General Meeting in Edinburgh on 28th April 2010. But we are not invited, despite being the majority shareholder. We want RBS to listen to the public, so we are holding an RBS Public Shareholder Meeting at the Mercure Point Hotel, Bread St, Edinburgh at 6:00pm, on the same day, which anyone can attend.
Read the rest of RBS 28th April – Public Shareholder Meeting: Because It’s Our Bank Now …
Posted by Rishi at 4.54pm on 26 April 2010
Tar sands extraction in Canada is devastating Indigenous communities, wildlife and vast areas of boreal forests, as well as being many times more carbon-intensive to produce than ‘conventional’ oil.
“We are seeing a terrifyingly high rate of cancer in Fort Chipewyan where I live. We are convinced that these cancers are linked to the Tar Sands development on our doorstep. It is shortening our lives. That’s why we no longer call it ‘dirty oil’ but ‘bloody oil’. The blood of Fort Chipewyan people is on these companies’ hands.” – George Poitras, former chief of Mikisew Cree First Nation. Read the rest of New report reveals RBS is UK bank most involved in financing loans to tar sands companies …