New PLATFORM report reveals RBS is UK bank most involved in financing loans to tar sands companies
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 [...]
Bangladesh calls for more assistance to reduce climate impacts
Of all countries around the world, Bangladesh risks being the most profoundly affected by the consequences of adverse climate change – with millions of its poorest citizens facing displacement should sea waters rise by just one metre over the next forty years. The government claims to be entitled to at least 15% of the US$ [...]
London Calling deplores the gilding of Tata’s tarnished image
New York-based Rainforest Alliance has certified Tata (Tetley brand) teas as “sustainable”. The first products carrying this highly sought-after stamp of approval will be selling in the UK before April, and throughout the world over the coming few years. Yet, Tata is on record as violating Indigenous Peoples’ rights, threatening the integrity of rainforests, and [...]
World’s top firms cause $2.2tn of environmental damage, report estimates
Report for the UN into the activities of the world’s 3,000 biggest companies estimates one-third of profits would be lost if firms were forced to pay for use, loss and damage of environment.
See http://www.guardian.co.uk/environment/2010/feb/18/worlds-top-firms-environmental-damage.
British miner to continue march through Europe
MINING and power group Hargreaves Services pledged to continue its drive into Europe as it reported six months of surging profits despite low coal prices. The firm, which owns Yorkshire’s Maltby colliery and employs more than 1,000 in the region, is expanding across Europe through its energy and commodities arm, to capitalise on recovering coal [...]
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