On Saturday 28th June we’ll be doing another stall and stunt to support our ‘Keep the UK Frack-free’ and ‘Carbon Capital/ Fossil Free’ campaigns.
We’ll be collecting Friends of the Earth postcards asking the council not to allow drilling in the area. We see this as building on the council motion on fracking in January which, while an encouraging step, does not prohibit such drilling taking place. (We’re in continuing discussions with council officials about the minerals policy in the LDF on this matter).
For the second half of our stall we will be highlighting UK banks’ financing of coal projects around the world and focusing in particular on Lloyds Bank.
Since 2009, Lloyds has invested a total of £3.4 billion in mining giants BHP Billiton, Anglo American and Glencore Xstrata, the companies behind the massive Cerrejón mine in Colombia. Cerrejón is the biggest coal mine in South America and is fiercely opposed by local people, including the indigenous Wayúu whose territory it has destroyed.
BHP Billiton, which alone has received £2.1 billion from Lloyds since 2009, plans to open coal mines across a vast area of the Indonesian rainforest.
As taxpayers, we all continue to invest in coal through Lloyds Banking Group, in which we currently have a 41% stake. – See more at: http://www.wdm.org.uk/climate-change/dinnae-be-dafties-lloyd%E2%80%99s-investors-stop-bankrolling-coal#sthash.RRtFDt5G.dpuf
We will be collecting WDM “Stop bankrolling coal” postcards. We will deliver these postcards to the manager of Lloyds Bank on the day as well as sending a copy to the World Development Movement for their delivery to the Headquarters of the Lloyds Banking Group.
As part of this event, we will be erecting a signpost which shows the distance to mining projects financed by UK banks.
We’d be delighted if anyone would like to join us. We will confirm the location nearer the time. As always, if you would like to attend and be informed of changes or cancellations, please email us your mobile phone number by 12pm on Friday 27/6/14.
Search tags: anti-fracking, Carbon capital