New Report: Cashing in on Coal
RBS, UK Banks and the Global Coal Industry - a new report examines the role in the last two years of the Royal Bank of Scotland (RBS), HSBC and Barclays in providing and arranging the financial means to the coal industry to extract and burn vast quantities of coal.
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Cashing in on Coal
The Royal Bank of Scotland (RBS) has helped provide loans of almost $16 billion to coal-related companies over the last two years, according to detailed estimates in a report by a coalition of environmental NGOs, including Friends of the Earth Scotland, People & Planet and PLATFORM.  The report compiles public evidence of coal industry financing by UK banks in the last two years, and reveals that RBS has helped lend more money to the coal industry, in more deals, than any other major UK bank.
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NGOs slam RBS for fossil fuel financing on the eve of delayed Corporate Responsibility Report launch
Delayed by a week, the Royal Bank of Scotland will now launch its 2007 Corporate Responsibility (CSR) Report on Friday 11 July. A coalition of environmental NGOs, including Friends of the Earth Scotland and People & Planet, pre-empted its publication by casting doubt on the bank’s green credentials in light of its ongoing role in financing fossil fuel expansion around the world. In 2007 RBS supported the fossil fuel industry with over $7 billion, while the bank’s embedded missions passed 50 million tonnes of CO2 – more than Scotland.
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Iraqi oil on the block
ANALYSIS - The real significance of the Oil Ministry's announced bid round

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Oil sell-off by stealth
Iraq’s oil service contracts are more than they seem
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