Sunday, February 09, 2020

Another Example of What They Say and What They Do.

On January 20 at the World Economic Forum meetings in Davos, Greenpeace accused the Royal Bank of Canada and 23 other major banks of being hypocrites. 

RBC participated in December in the massive Initial Public Offering ($26 billion US) of Aramco, the Saudi Arabian oil company, which is predicted to produce the equivalent of 27 billion tonnes of carbon dioxide - more than any other company on Earth. 

RBC CEO, David McKay, recently wrote the following note of cheer to his investors: ''Climate change is one of the most pressing issues of our age and the financial system needs to be leading efforts to support clean economic growth and the transition to the low-carbon economy.''

for Socialism – 
SPC members & GAC


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