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#rainforestactionnetwork — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #rainforestactionnetwork, aggregated by home.social.

  1. " #HSBC and #NatWest accused of financing #NorthSea #oil #extraction despite pledge
    Two major #UK high street #banks have been accused of continuing to finance #FossilFuel expansion in the North Sea despite signing a pledge to align their activities with the net zero #climate goal.

    HSBC and NatWest have provided tens of millions in finance to #Ithaca Energy, a #British oil and #gas company that is playing a key role in plans to exploit the controversial #Rosebank oilfield north-west of the #Shetland Islands. Another high street bank, #Lloyds, also provided finance but has since sold down the debt.

    A group of more than 80 organisations including #GlobalWitness, #Greenpeace and the #RainforestActionNetwork have written to the banks’ chief executives calling on them to cease funding Ithaca and to end their relationship with the company."

    theguardian.com/business/2024/

    #FossilFuels #Capitalism #UKPolitics #UK #Carbon #CO2 #ClimateCrisis #ClimateChange #Klima #Klimakrise #GlobalWarming #ClimateChange