The Green Village News Tagged ‘the treasury’

Green Groups Set To Take RBS And The Treasury To Court Over Unethical Investments

Tuesday, October 20th, 2009

RBS carbon investmentsIn potentially the first case of it’s kind, RBS and the Treasury could face court action for investing in carbon-intensive industries including coal, oil and gas as well as environmentally destuctive mining.

The environmental groups involved in bringing about the hearing today include People and Planet, the World Development Movement and Platform. The conclusion of the hearing could lead to green groups having a case with which to sue the bank and the Treasury.

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