UK environmentalists target Barclays in fossil fuels campaign

UK environmentalists target Barclays in fossil fuels campaign

A UK-wide campaign is being launched to persuade one of the country’s biggest high street banks to stop investing billions of pounds in the fossil fuel industry.

Activists from the Labour-supporting Momentum group will team up with the environmental group People and Planet to stage more than 40 “creative direct actions” at Barclays branches in town and cities across the UK later this month.

The campaign has been inspired by the school climate strikes, in which 1.4 million young people took to the streets last weekend to voice their fears about the escalating ecological crisis.

The “UK Uncut-style” protests aim to put pressure on Barclays, which organisers say is one of the leading European backers of fossil fuel projects, financing 15 fossil fuel companies with more than $30bn (£22.6bn) from 2012-17, including corporations pushing ahead the plans to develop the fracking industry in the UK.

John Taylor, a member of Momentum’s national coordinating group, said: “Climate change is already devastating communities around the world, and fossil fuel companies and their financiers are to blame. A decade ago the banks crashed the economy, now they’re crashing the planet.”

He said it was time ordinary people came together to “face the banks that fund climate breakdown head on”.

He added: “Inspired by the young people participating in the youth climate strikes around the world, we’ll be organising Labour members to take action against Barclays,

Read More At The Guardian

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