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Nottinghamshire Tar Sands Newswire

Nottinghamshire Tar Sands Newswire Archive >>

Nottinghamshire Tar Sands

Protests against the exploitation of the Alberta Tar Sands in Canada, see http://www.no-tar-sands.org/

See also UK Indymedia - Tar Sands

Notts Pension Fund linked to tar sands extraction

08-05-2010 20:58 | Climate Chaos | Nottinghamshire

C6. Graphical Reality

The pension fund run by Notts CC and including several other major employers in the region invests in BP. As supplies of easily obtainable oil dwindle, companies are investing in more high risk methods of getting oil. One of these is tar sands in Canada.

Notts CC pension scheme has admitted it invests in BP. John Pearson, the Investments Manager has admitted as much in an email to a member of its pension scheme. Nottinghamshire CC is part of a scheme called Nottinghamshire Pension Funds (NPF) and other contributing employers include Nottingham City Council, all the district and borough councils, the police and Nottingham Trent University.

BP is on the point of making a big decision – whether to invest in the tar sands in tar sands in the Athabasca region of Alberta in Canada. Campaigners have been mobilising to ensure they do not do this.

Newswire: Notts County Council Pension Fund invests in BP

National Feature: Anti-Tar Sands Protests Gather Momentum

Links: Fair Pensions: Tar Sands | No Tar Sands | Tar Sands in Focus | Indymedia UK tar sands topic page

Read more | 0 comment(s)

Nottinghamshire Tar Sands Feature Archive >>