Toronto, December 7 (RHC)-- Thirty thousand customers of Barclays are demanding that the British bank divest from pipelines that carry oil from Canada’s tar sands. Greenpeace says at least 6,000 of those who signed a petition demanding Barclays divest from the “dirtiest fuel on the planet” have pledged to close their accounts unless the bank changes its ways.
Barclays recently told shareholders that its financing of “extreme fossil fuels” is under review, and claimed it currently has no investments in tar sands projects. But Barclays was a major investor in the $4.5 billion Trans Mountain pipeline project before it was nationalized by Canadian Prime Minister Justin Trudeau.
Barclays customers demand divestment from tar sands pipelines
Related Articles
Commentaries
MAKE A COMMENT
All fields requiredMore Views
- Statement by the Minister of Foreign Affairs of the Republic of Cuba, Bruno Rodríguez Parrilla, at the quarterly open debate of the UN Security Council on The situation in the Middle East, including the Palestinian Question
- An agreement with major social implications
- Argentina’s president fires his foreign minister after vote in favor of ending U.S. blockade against Cuba
- Overwhelming victory at United Nations: Cuba supported by 187 votes against the blockade; two in favor of maintaining the genocidal measures
- Venezuelan president reveals María Corina Machado is between Panama and Colombia asking for new sanctions