Cashing in on Tar Sands: RBS, UK banks and Canada’s “blood oil”
The recent rise in oil prices has increased the popularity of bitumen as a fuel source. Tar sands extraction in Canada is devastating Indigenous communities, wildlife and vast areas of boreal forests. This report by PLATFORM looks at the role that UK banks, most notably RBS, are playing by underwriting loans to companies engaging in tar sands extraction.
Cashing in on Tar Sands: RBS, UK banks and Canada’s “blood oil”