Skip to content or view screen version

RBS in the stocks – Fred Goodwin slimed with green custard

Manchester People and Planet | 18.03.2009 18:06 | COP15 Climate Summit 2009 | Climate Chaos

Manchester People and Planet placed a mock representative of former RBS bank chief Fred Goodwin in some medieval stocks outside the RBS regional headquarters in Manchester. Members of the public were invited to get their own back on Fred for refusing to give up his £700,000 a year pension despite the financial crisis and irresponsible funding of climate damaging projects such as new coal fired power stations.








Thursday 12th March 2009

After Leila Deen threw green custard over Peter Mandelson for pushing though the 3rd Runway at Heathrow ( http://www.planestupid.com/content/plane-stupid-slimes-peter-mandelson), it seems like slime justice might be catching on. Not only did greedy bankers like Fred Goodwin help to screw up the economy but their irresponsible risk taking goes beyond the stock market, they’re gambling with our climate too.

So people on their lunchbreak in Manchester were invited to get their own bank on Fred Goodwin. Passers by were leafletted and invited to throw green custard at a mock representative of Mr Goodwin.

RBS is responsible for $15.93 billion worth of loans from May
2006 to April 2008 to companies engaged in the extraction and/or
combustion of coal. Coal is the dirtiest fossil fuel and if we don't
shift away to cleaner forms of energy production then chances of
preventing irreversible climate change are slim.
- http://www.oyalbankofscotland.com/cioc/pdf/cashinginoncoal.pdf

James Hansen, director of the NASA Goddard Institute of Space
Studies, said of this project "A terrible idea. One power plant with a
lifetime of several decades will destroy the efforts of millions of
citizens to reduce their emissions"

In 2007 RBS' embedded emissions (emission due to its
investments) was over 43 million tonnes, more than Scotland -
PLATFORM, 'The Oil and Gas Bank - RBS & the financing of climate
change',  http://www.carbonweb.org/documents/Oil_&_Gas_Bank.pdf

Previous actions against RBS by Manchester People and Planet include
a flashmob against RBS at a recruitment fair in October.
 http://peopleandplanet.org/navid6594

An mock awardshow presenting RBS with the best greenwash award.
 http://peopleandplanet.org/navid6773

Rooftop Eviction demo - University of Manchester Students' Union - 11th Feb. 2009 .
 http://peopleandplanet.org/navid7106

Manchester People and Planet
- Homepage: http://peopleandplanet.org/ditchdirtydevelopment

Comments

Display the following comment

  1. excellent stuff — delia