• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
No Result
View All Result
Home News Environment

Extinction Rebellion ’swamp’ City of London over ‘funding climate breakdown’

The latest action is part of two weeks of disruption demanding urgent moves to protect wildlife and the climate.

Ben Gelblum by Ben Gelblum
2019-10-14 11:13
in Environment
A protester is carried away by police as others block the road in front of the Bank of England (Gareth Fuller/PA)

A protester is carried away by police as others block the road in front of the Bank of England (Gareth Fuller/PA)

FacebookTwitterLinkedinEmailWhatsapp

Extinction Rebellion protesters blocked a junction outside the Bank of England as the environmental protests entered their second week.

The activists have vowed to bring disruption to London for two weeks, calling for urgent action on climate change and wildlife losses.

After last week’s protests which blockaded Parliament and targeted City Airport over proposed airport expansion, protesters are now focusing on the City of London over financial backing for fossil fuels.

In the morning rush-hour on Monday, protesters sat or stood in the road outside the Bank of England, as City workers left Bank Underground station, bringing traffic to a standstill in surrounding streets, with queues of buses empty with their engines off.

Hundreds of activists occupied the crossroads in the pouring rain, chanting and huddling under a large green tarpaulin, while others stood with banners reading “Fossil Fuels = Extinction”.

The activists say trillions of pounds are flowing through financial markets to invest in fossil fuels which damage the climate.

Dave Evans, 32, an IT consultant from London, said he had taken two weeks’ unpaid leave to join the Extinction Rebellion protests.

RelatedPosts

‘Total hypocrisy:’ UK coal mine gives ‘carte blanche’ to other countries to miss climate change targets

Solar panels could become mandatory on all new buildings in the EU

RHS ‘disappointed’ after Grant Shapps approves M25 revamp near popular garden

Watch: House collapses and drifts into the ocean in America

‘Financing for fossil fuels increased every year since the Paris Agreement’

“Since 7am we have shut the roads outside the Bank Of England in the City of London. Financing for fossil fuels increased every year since the Paris Agreement,” said a statement by the movement. “33 banks financed fossil fuels with $1.9 trillion since Paris with $600 billion funding aggressive fossil fuel expansion”

He said the finance sector needs to “stop funding the climate crisis”.

“These huge corporations are financing fossil fuels and (are) being subsidised by the Government,” he added.

Iris Skipworth, who was handing out Extinction Rebellion leaflets to commuters at the obstructed crossroads at Bank, said: “A lot of commuters are very annoyed, because they are trying to get to work quickly.

“I can understand, but it’s shortsighted. I have had people saying things like ‘Get a job, you wanker’, ‘Get out of the road’, and ‘Why don’t you go extinct?’.”

Ms Skipworth, who has taken time off from her job as a garden centre assistant in Manchester, added: “I’m here because the 33 banks around the City of London gave £66 billion to the fossil fuel industry this year, and £0.9 trillion since the Paris Agreement was signed in 2015.

“The Government has declared a climate emergency, yet they’re not even scaling this back slightly … we’re here to hit the Government in the wallet, hopefully.”

Police have been warning protesters individually that they will be arrested under a Section 40 order for obstructing traffic if they do not leave the area.

Leading activists, such as people carrying drums and a woman with a megaphone, were led away by officers as the crowd cheered them on.

More than 1,300 people have already been arrested in the protests, part of an “international rebellion” with action taking place in cities around the world.

In the UK, Extinction Rebellion is calling on the Government to declare a climate and ecological emergency, to act immediately to halt wildlife loss and to reduce greenhouse gas emissions to net zero by 2025.

Extinction Rebellion said dozens of activists are expected to appear in court this week, including trials connected with previous action in April.

READ MORE: 91 year-old arrested at Extinction Rebellion march to cheers of “You’re a legend!”

Is Boris Johnson’s cabinet the most anti-climate action ever?

Boris Johnson calls Extinction Rebellion ‘uncooperative crusties’ and says Margaret Thatcher was ‘green revolutionary’

Doctors join climate change protest to warn of health dangers

Flooding in Britain ‘being made worse and more frequent by climate change’

Tags: headline

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending
Abdollah

‘Rescue us’: Afghan teacher begs UK to help him escape Taliban

CHOMSKY: “If Corbyn had been elected, Britain would be pursuing a much more sane course”

What If We Got Rid Of Prisons?

More from TLE

Everything to Know Before Choosing the Electric Gravel Bikes

The Weekly Cocktail Recipe: The Lucky Pig’s ‘Tomatini’

European Commission ‘worried about’ EU citizens detained by UK

Brits increasingly buying local to help the environment

Seven-year-old girl has filled a police force with admiration after leaving heart-warming note & chocolates for two bobbies 

Restaurant review: Volta do Mar, Covent Garden

Britain’s ‘most bashed bridge’ struck AGAIN just days after new warning signs installed

Far-right thugs target Ukrainian refugees at the Polish border

Cats evicted from Cameron’s luxury hotel before his visit

Der große Clusterfuck der Tories: The German analysis that needs no translation

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.