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Monday 01 July 2013
The Rabobank will not lend money to companies involved in shale gas extraction, the cooperative bank told Trouw on Monday ( http://www.trouw.nl/tr/nl/4332/Groen/article/detail/3468136/2013/07/01/Rabobank-keert-zich-tegen-winning-schaliegas.dhtml ).
Nor will it make loans to farmers who rent their land to shale gas extraction companies.
The bank's global policy is not to be involved with extracting fossil fuels where it is not clear what the risks and consequences may be, a spokesman told the paper.
( see for reference on the Banks Global Policy: https://www.rabobank.com/en/images/Oil_Gas.pdf )..."Finally one Dutch Bank with international connections, the RABOBank, the world's largest agricultural bank, STOPS investments in Fracking for obvious reasons of the pollution risks Fracking is associating with !
Hoerah, good news !!!
Who follows ?"
Ak Malten, Pro Peaceful Energy Use
Rabobank will not finance shale gas extraction at dutchnews.nl | |
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