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Local government pensions fuelling climate crisis
£16 billion of the Local Government Pension Scheme is invested in the fossil fuel industry, according to new analysis by Platform and Friends of the Earth.
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PRESS RELEASE: Bank of England could buy BP bonds worth almost 900Mn as campaigners commemorate 10 years since the BP Gulf of Mexico disaster that devastated lives and environment
People from across the world commemorate the 10 years anniversary of BP’s Gulf of Mexico oil spill that took eleven lives and ruined thousands more with creative online action. 10 years on, communities are still fighting the deadly impact of big oil companies in the Gulf. Last week, the Bank of England published a list…
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PHOTOS: ‘Fracking rig’ & 10-metre projection protests fossil fuel finance on doorstep of UK government export body
Contact: Eliana Harrigan, Fossil Free London, +44 7541507517. Anna Markova, Platform, [email protected], +447942044472 Images available, credit Alban Grosdidier. As G20 governments gear up for their summit in Buenos Aires, Argentina, and the climate talks are set to get underway in Katowice, the UK’s export finance department (UKEF) was hit by protests yesterday over its financing of oil…
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Report: Foreign Office spends aid budget on ‘promoting fracking’ abroad
0.01am 19 November Research released by Platform today [1] reveals that Foreign Office spent funds from the UK’s Official Development Aid budget to promote shale gas drilling in China, as well as supporting expansion of oil and gas industries in Brazil, Mexico, India, and Myanmar. Foreign Office ran 16 strategic projects to expand fossil fuel industries…
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Council workers’ largest union commits to divesting pensions from fossil fuels
Full text of UNISON motion (pdf). UNISON to “seek divestment of Local Government Pension Schemes from fossil fuels over five years giving due regard to fiduciary duty” Local government pensions have £14 billion invested in oil, coal and gas UNISON is the largest organisation representing pension-holders working for local government The largest body representing local government…
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New opinion poll: 2/3 of Londoners ration their heating; 3/4 want mayor who cuts bills
New opinion poll reveals Londoners’ anger over high energy bills 2/3 of Londoners rationed their heating due to high bills 3/4 of Londoners want a Mayor who will lower bills New polling conducted by Switched on London reveals that 87% of Londoners feel they are paying too much for their energy and there is cross-party…
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UK local council pensions lose £683 million with coal crash
RELEASE: UK local council pensions lose £683 million with coal crash Embargo: 00:01am Monday 12 October Contact: Mika Minio-Paluello (Platform London) 07733466038 UK local councils have lost up to £683 million to their pension funds, because of failed investments into coal firms. New data reveals the councils most affected – the value of Greater Manchester’s…
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North Sea oil companies demand tax breaks in budget, despite 6 years of eye-watering profit levels
Press release from Platform and Oil Change International Contact: Mika Minio-Paluello – Platform – 020 7403 3738 / 07733466038 /////// Greg Muttitt – Oil Change International – 07508 421 527 Figures released today show that North Sea oil and gas companies are many more times profitable than other businesses in the UK and already benefit…
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Shell’s new direction needs to address Arctic investor risk and Niger Delta clean up
Thurs 13th March 2014 ** For immediate release ** Commenting on today’s Shell Management Meeting where CEO Ben van Beurden sets out new directions for the company, Sarah Shoraka, an oil and human rights campaigner from Platform said: Shell’s profit warning in January was exactly a decade on from the Shell Reserves Scandal of 2004.…
