“Extinction Rebellion are absolutely right to target a money and banking system which is driving climate collapse. British banks like Barclays and HSBC are the worst in Europe, lending over $85bn and $57bn respectively towards some of the most environmentally destructive fossil fuels in the first three years since the Paris climate agreement in 2015. At least 15% of potential CO2 emissions can be traced back to the City of London.
“The government and the Bank of England should listen to XR and use all the powers at their disposal to stop UK finance pouring even more money into fossil fuels.”