Shell, RBS challenged over tarsands
Shell: investor campaigners strike blow on tar sands Shareholders have fired another warning shot across the bows of an oil major with just under 11% of shareholder votes at today’s annual general meeting of oil giant Shell refusing to back management over the controversial Canadian tar sands issue. See http://www.responsible-investor.com/home/article/shell_investor_campaigners/. RBS AGM – the aftermath [...]
The Other Oil Disaster: Cancer and Canada’s Tar Sands
I can’t blame you if you’ve never heard of “Ft. Chip” – after all, there are only 1000 residents, and it’s only accessible by plane or boat. But you should hear about it, because what happens there will affect all of us. The town has been suffering for more than ten years from surprisingly high [...]
Ask one of the UK’s largest investors to challenge Shell and BP on tar sands
See http://www.fairpensions.org.uk/tarsands/action2.
Money spent on tar sands projects could decarbonise western economies
The £250bn cost of developing Canada’s controversial tar sands between now and 2025 could be used to decarbonise the western economy by funding ambitious solar power schemes in the Sahara or a European wide shift to electric vehicles, according to a new report. BP and Shell are at the forefront of extracting oil from the [...]
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 [...]
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