Posts tagged "Royal Bank of Scotland"

Coal study names top 20 ‘climate killer’ banks

Barclays, the Royal Bank of Scotland and HSBC are among the top banks that have lent billions of euros to the coal sector – despite their much-vaunted environmental credentials, a new investigation has found.

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Follow the Money: Tar Sands Protest in Scotland

The Royal Bank of Scotland, like most banks these days, likes to tout its green credentials. But PR flacks and fancy brochures can’t hide the fact that RBS is investing $7.5 billion into tar sands …
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Shining a light on Europe’s role in the Tar Sands

UK Tar Sands Network and friends have been in Brussels for the Canada-EU trade talks. The tar sands may be being extracted in Canada, but the debate over the industry’s future is raging in Europe …
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First Nations protest Tar Sands investments at RBS AGM

Representatives from some of Canada’s First Nations demanded in person that the Royal Bank of Scotland (RBS) stops financing the controversial tar sands industry in Alberta, Canada, at the bank’s AGM.

See http://www.no-tar-sands.org/2011/04/first-nations-protest-tar-sands-investments-at-rbs-agm/.

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New report released on RBS coal finance during RBS-sponsored Climate Week

‘Dirty Money – Corporate greenwash and RBS coal finance’ takes the case of the Royal Bank of Scotland, an international bank with interests across the fossil fuel sector that is promoting itself as a genuine …
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Uranium Meltdown in Japan

As this story was being written, reports from Japan suggest that a full meltdown of the nuclear cores in two reactors at the country’s Fukushima Daiichi Nuclear Power Station may not be averted. Japanese officials …
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Vedanta plans to use IPO money of KCM to part fund Cairn deal

London-listed miner Vedanta Resources Plc plans to use some of the USD 1.1 billion it plans to raise through an initial public offering (IPO) of Zambian miner Konkola Copper Mines (KCM) to repay part of …
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It just ain’t football: London Calling kicks Vedanta into touch

Vedanta’s profits for the first half of its current financial year have disappointed the London-listed, Indian uber-miner. In fact, since January 2010, the company has “under-performed” the British mining index by 25%. Just three years …
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Vedanta arranges $ 6 bn funding for Cairn India deal

Vedanta Resources Plc said it has entered into financing agreements with a consortium of banks for $ 6 billion to fund its proposed buyout of up to 60 per cent stake in Cairn India. London-listed …
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Climate crisis deepens as talks take place in China

World Gobbling Up Greenhouse Gas Budget: WWF

Greenhouse gas emissions worldwide risk overshooting by a third the threshold beyond which dangerous global warming looms, the environment group WWF said on Wednesday, urging climate talks in …
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BHP signs jumbo $45bn Potash bid loan

London-listed BHP Billiton is pursuing a bid to take over Potash Corporation of Saskatchewan.

The five underwriters — Banco Santander, Barclays Capital, BNP Paribas, JP Morgan and Royal Bank of Scotland — had stumped up …
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RBS, the tarsands and the climate camp

How RBS funds ‘dirty oil’

Last weekend, Royal Bank of Scotland faced its biggest protests in a long history of protests. Environmental groups and hundreds of climate protesters camped on the lawn at RBS’s Gogarburn …
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