Royal Bank of Scotland are Biofools too

 

Aberdeen Campaign against Climate Change highlight Royal Bank of Scotland funding for biofuels

 

The protest took place on Saturday 19th April as part of national events connected with Biofools Day (15th April).  During this week compulsory blending of biofuels into transport fuel became mandatory.   With a large Biofools banner and a yellow cardboard car with teeth demanding to be fed, the protestors made a big visual impact.  The group was accompanied by two RBS security staff who came up from Edinburgh especially - presumably environmental activists are making them nervous!

The following is from the leaflet handed out during the event:

RBS funding Ensus biofuel refinery

RBS have arranged £50 million finance for energy group Ensus to construct a bioethanol production plant in Teesside, northern England.  They are also funding a biodiesel plant in Ireland and are touting for business in biofuels around the world. 

Not renewable energy

Although RBS tries to make claims of high spending on renewable energy, this almost inevitably includes biofuels.  But biofuels are NOT renewable energy – once rainforests are gone they are gone.  And biofuels are worse for the climate than fossil fuels.  RBS also finance many fossil fuel extraction projects: from the Niger Delta to the Arctic and the Middle East.

Earlier in the week Aberdeen Campaign against Climate Change has also held a protest outside a BP filling station which was reported in the Press and Journal http://www.pressandjournal.co.uk/Article.aspx/591574.


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