Tar Sands development edging closer in Trinidad and Tobago?
RBC appears at Trinidad government forum extolling their record in Canada’s tar sands
Originally written for the MediaCoop.ca, & Reviewed by Media Co-op editors.
In December of 2010, Rainforest Action Network [RAN], issued a press release that was full of praise for the Royal Bank of Canada adopting a new framework around investments in companies involved in tar sands production.
RBC was coming under increasing pressure to end their investments in tar sands extraction, and on December 22nd of 2010 RAN announced an end to the campaign to force RBC to divest from tar sands production, citing a ‘victory’ when RBC announced their intentions to use Free Prior and Informed Consent [FPIC] in evaluating future investments in energy and related projects.