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Climate Change activists STOP London's OIL TRADERS

let's stop climate change | 17.02.2005 00:00 | Ecology

Environmental activists have burst onto the floor of London's International Petroleum Exchange and have halted trading in protest at oil industry activity the day the Kyoto climate treaty has come into force.

Some 20 Greenpeace protesters led by director Stephen Tindale stormed the trading floor and brought business in Brent crude oil and gas oil futures to a halt before being beaten back by outraged traders.

"It was to send a message to the oil industry on the day Kyoto comes into force that business as usual is no longer an option," Tindale told journalists by telephone from the central London building on Wednesday.

"The oil industry has been key to preventing progress on climate change which is why it has taken so long for Kyoto to come into force. But scientists are telling us we are getting dangerously close to the point of no return," he added.

"To be ramping up production -- which the oil industry seems to be doing -- on the day Kyoto comes into force is simply irresponsible," he added.

An IPE spokeswoman said open outcry trading was suspended for an hour but electronic trading continued throughout."

The protesters spend a short time on the trading floor with foghorns and balloons to make their message clear before being forced back.

"I have to say we weren't listened to by the traders. They were more interested in punching us than listening to us," Tindale said.

Under Kyoto, developed nations will have to cut emissions of greenhouse gases by 5.2 percent below 1990 levels by 2008-12.

Supporters of the 141-nation pact say it is a tiny step to slow global warming by imposing legally binding caps on greenhouse gas emissions in 35 developed nations, mainly from burning fossil fuels in power plants, factories and cars.

Climate experts fear projected temperature rises could disrupt farming, raise sea levels by melting icecaps, cause more extreme weather like hurricanes or droughts, spread diseases and wipe out thousands of animal and plant species by 2100.

The United States pulled out in 2001, saying Kyoto was too costly, based on unreliable science, and unfairly excluded big developing nations like India, China and Brazil, which account for a third of the world's population.

The Greenpeace raid was one of a number of protests staged across the globe.

Green groups marked the day with protests outside U.S. embassies and consulates, street parades in Japan and by carving fast-melting ice sculptures of kangaroos in Australia.

let's stop climate change


Display the following 28 comments

  1. CO2 — sceptic
  2. well done — no g8
  3. co2 — also a sceptic
  4. Greenpeace Reports — climate action now!
  5. nice one — :-)
  6. Hypocricy — Sam
  7. Re: Hipocrisy — Njall
  8. to self interested oil user — minimalist oil user
  9. 27 arrested — super action well done!
  10. ??? — N
  11. refrence — N
  12. A new direction? — Lord Oxburgh
  13. carbon trading report — Lord Browne
  14. Kyoto:What's to Celebrate — got_this_from_rising_tide
  15. Stop Climate change ? — Tom Lane in Edinburgh
  16. AFP / AP / Reuters Pics — repost
  17. Excellent — AK
  18. Not so fluffy.... — Ouch!
  19. sceptics — New Scientist reader
  20. non violent? — sceptic
  21. oil action — Mandy Meikle
  22. 'Sceptics' Make Me Laugh - but it's not a laughing matter.... — glum about our future.
  23. Oil Industry Party Blockade — no war for oil
  24. corporate media reports — info
  25. How do we measure success? — Pat Neuman
  26. Conversation? — rapier
  27. nuclear power now — support the hydrogen economy
  28. Bless all those little and big stars of inspiration — Malcolm