Help Sitemap Home Skip Navigation Contact Us Disability Statement

 
 
Saturday, 22nd November 2008

Premium Article !

Your account has been frozen. For your available options click the below button.

Options

Premium Article !

To read this article in full you must have registered and have a Premium Content Subscription with the Edinburgh Evening News site.

Subscribe

Registered Article !

To read this article in full you must be registered with the site.

Sign In
Register

RBS faces coal loans protest



Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image

Published Date: 11 August 2008
THE Royal Bank of Scotland is set to face a raft of protest after details of its loans to coal companies emerged, environmental groups have warned.
Green protesters said today that RBS would face boycotts and possibly direct protests if it continues to pump cash into the industry.

A report has shown that over two years the Edinburgh-based banking giant participated in 27 different loans to coal projects, worth £8 billion.

And while RBS pointed out it was one of the biggest funders of renewable energy projects across the globe, campaigners warned of a "public backlash".

Friends of the Earth Scotland's chief executive Duncan McLaren reportedly said: "Coal is the dirtiest and most inefficient fossil fuel there is."





The full article contains 124 words and appears in Edinburgh Evening News newspaper.
Page 1 of 1

  • Last Updated: 11 August 2008 11:19 AM
  • Source: Edinburgh Evening News
  • Location: Edinburgh
  • Related Topics: Royal Bank of Scotland
 
1

Ecto,

London 11/08/2008 12:55:40
"Coal is the dirtiest and most....." said members of the flat earth we want to live amongst the trees (who are our friends) society.
2

Marian,

11/08/2008 15:15:41
Given that the environmentalist parties never achieve more than a single figure percentage of the popular vote at elections - why does the UK media pay any attention to the garbage they spout forth?
3

AKH,

Dalkeith 11/08/2008 15:27:29
Any excuse to have a go at a Bank and industry trying to help Scotland.
The coal industry is doing its best to develop "clean coal" for use in the future - why not report on this sort of positive story rather than the style used in this one.
4

kevin smith,

london 12/08/2008 12:10:43
The report, "Cashing in on Coal," can be downloaded from http://carbonweb.org/showitem.asp?article=337&parent=39

 

Comment on this Story

 

In order to post comments you must Register or Sign In

 
 
RSS Feed of this article's comments
Delivery formats: RSS, Atom, Javascript & Email
 
  

 
 

More Royal Bank of Scotland

More Royal Bank of Scotland >>

Today's Vote

Should banks be paying for staff Christmas parties as their customers suffer?
Yes, staff deserve to be rewarded for their year’s hard work
It’s okay making a contribution, but not £1 million
No, staff should have to pay for their own parties

Web Links:

Featured Advertising



Sister Newspapers:
Press Complaints Commission

This website and its associated newspaper adheres to the Press Complaints Commission’s Code of Practice. If you have a complaint about editorial content which relates to inaccuracy or intrusion, then contact the Editor by clicking here.

If you remain dissatisfied with the response provided then you can contact the PCC by clicking here.