On 9 November 2010, Friends of the Earth have awarded the Pinocchio Sustainable Development ( http://www.prix-pinocchio.org/ ) which is awarded to companies that tout the merits of sustainable development, even though some of their practices contradict that statement of principle. This contradiction is known as the English " Greenwashing '" that can be understood as meaning repainted green.
Launch 1st Prize Pinocchio Sustainable Development
sent medietic . - Watch more videos comedy.
Price Pinocchio in category " Greenwashing" has been given to four companies: Crédit Agricole, which has won 50% of the votes; followed by Renault Dacia with 20% of the votes by SNCFzéro carbon with 16% of the votes and finally, by the airport of Beauvais-Tille.
I want to focus on the winner: Crédit Agricole.
If the friends of the earth have awarded this prize because the Bank has financed so-called green fossil fuels.
Examples?
About Crédit Agricole de Dijon, citing 5 agencies, Friends of the Earth say " You should know that bank finance in the world the Baku-Tbilisi-Ceyhan, the Mines Freeport McMoRan, Mining of coal, dam, Nam Theun 2, the producers of cluster munitions, arms producers to depleted uranium, a pulp mill Botnia, coal plants to Dynegy , Mines of Vedanta Resources, the oil and gas projects of Sinopec "
See link: http://www.communitywalk.com/map/list/181920? order = 724371
On the site & Crédit Agricole Corporate Investment Bank that has its businesses can be read About Oil and Gas: " Credit Agricole CIB has built over the years specific knowledge of the oil, gas and petrochemicals worldwide, and has a strong expertise in the financing of major players these markets. He has developed particular expertise in financing the development of oil and gas, the LNG chain (liquefaction, transport and regasification), as well as oil and gas pipelines.
Team Reserve Based LendingFinancement backed oil reserves of Credit Agricole CIB, composed of specialists in oil and gas, including providing financing solutions tailored to producers of oil and gas worldwide. She climbs funding based primarily on the value of assets (oil reserves) held by customers.
These funds are divided broadly, the current activity in developing new oil fields up their acquisitions.
team, composed of experts in structured finance and petroleum engineers can meet all the needs of its clients, independent oil majors or national companies. "
In the guide ecocitizen 2007" Environment. How to choose your bank? " can see how some banks are not saving the climate, according to Friends of the Earth. Thus, Calyon, Crédit Agricole's international subsidiary - LCL finance and a giant plant pulp in Uruguay whose ecological consequences are described in those terms. We learn that " plant will require the planting of 200,000 ha of eucalyptus monoplantation large scale highly problematic for biodiversity. A huge rally of 120,000 people was held against the bill. A diplomatic war is rage between Uruguay and Argentina, and three complaints were filed against the project. Despite the huge controversy related to the plant, Crédit Agricole has refused to implement its voluntary environmental and social standards, known as the "Equator Principles . link: http://www.amisdelaterre.org/IMG/pdf/Guide_banques_VSite.pdf
As everyone knows, oil is the fossil energy promised a rich future that can operate internal combustion engines in cars and generate CO2 for 60% of Greenhouse Gases, and of which the peak of production was announced in 2030 and caused some African countries producers of major calamities because of the greed it arouses.
When it comes to moving towards a carbon economy, there may be other projects for funding that combine with renewable energy and post-oil ....
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