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On 7th December Jackie Oversby spoke to the Soroptimist International Regional Meeting about our Carbon Capital campaign.

On 9th November, members of the group protested outside HSBC, Reading as HSBC is the largest bank investing in fossil fuels.  For example, between 2010 and 2012 it underwrote share and bond issues worth ￡75 billion to fossil fuel companies, including funding for the Cerrejón coal mine in Colombia, which Jazmin Romero told us about at our last meeting.

The group called on HSBC to divest from all its coal investments: Burning coal gives off more carbon emissions than any other fuel and contributes massively to Global Warming; coal mining has devastating impacts on local people and the environment.

 

Friday 25 October

 

Jazmin Romero Epiayu, from the Wayuu indigenous people of Colombia, inspired everyone at the meeting, by the strength of her character and her determination to work peacefully for the rights of her people and their ancestral territory, even though she knows she is putting her life at risk by doing this. Her people have lived in the area for thousands of years but, she said, ‘it seems as if the coal company is trying to exterminate us’. She continued, ‘The indigenous peoples of Colombia and Latin America are fighting for the freedom and the respect of Mother Earth. No more mining. No more exploitation. We demand that our ancestral territories remain ours. Our people are defiant and courageous. For ever.’

 

The mine, already the largest open-cast mine in Latin America, has swallowed whole Wayuu villages, displaced people, and polluted land, air and water. At the beginning of October, Jazmin and over 2,000 other indigenous people from Colombia who are trying to stop the expansion of the mine, blockaded the railway which takes coal from the mine to the port, and kept it closed for a week. Cerrejón is owned by three UK-listed mining companies, including BHP Billiton whose AGM Jasmin will attend. The companies receive money from HSBC, Barclays, RBS and Lloyds.

 

The Reading group are joining in WDM’s campaign to stop UK banks pouring billions of pounds into fossil fuels.

 

‘Next Action Saturday 9th November. ‘

 

Our Carbon Capital stall was popular at Earley Green Fair. People were shocked to hear how much UK finance is invested in ‘dirty’ energy projects around the world and to hear about the detrimental effect these projects have had on the local people and their environment.

 

Contact Jackie Oversby on   0118 987 3623 or jackieoversby@yahoo.co.uk

RISC Foyer, 35-39 London St Reading RG1 4PS.

 

On 15th June we held a stall at Reading Waterfest.  It went very well despite the cold, wet, windy weather.  Passers-by were intrigued by our offer of oil and coal snacks and were happy to stay and chat about the issues raised by the Carbon Capital campaign.  We collected 70 requests to Vince Cable to force banks and financial institutions to reveal the true climate impact of their investments in fossil fuel energy projects around the world.

 

 

 

 

Our next stall will be on Saturday 3rd August at Earley Green Fair, Maiden Erleigh Nature Reserve.

Contact Jackie Oversby on  0118 987 3623 or jackieoversby@yahoo.co.uk

RISC Foyer, 35-39 London St Reading RG1 4PS.

WDM is looking for new members to tackle the root causes of poverty and to campaign for global equality and economic justice. For more information check http://www.wdm.org.uk or call Bente on  0118 958 6692

On  5th June Hannah Griffiths, WDM’s head of policy & campaigns gave an interesting and informative talk about WDM’s latest campaign,  ‘Carbon Capital – how the city bankrolls climate change’. 

Banks, pension funds and other financial institutions are funding fossil fuel projects that are destroying people’s lives and pushing the planet to the brink of catastrophe. The talk was followed by an interesting discussion. Many people signed cards asking Vince Cable to force institutions to reveal the true climate impact of their investments in fossil fuel energy projects around the world.