STOP: Stop Tar Sands Operations Permanently

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Stop the Tar Sands

Posted by mhudema on July 30, 2008

Oil: Campaigners seek an end to production of CO2-intensive ‘unconventional fuels’

· Ethical investment groups try to halt tar sand projects
· Oil firms to spend $125bn to exploit new sources

Shell, BP and other oil companies at the centre of the tar sands revolution in Canada are facing a backlash from the Co-operative and other members of the ethical investment community determined to bring a halt to these operations for environmental reasons.

A joint report from Co-operative Investments and the wildlife charity WWF released today will be followed up in September by a meeting of the UK Social Investment Forum (UKSIF) to press for an end to this carbon-intensive activity.

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