Last week at the Barclays Annual General Meeting (AGM), the Chairman John McFarlane told shareholders that the bank would be withdrawing their financing of fracking company Third Energy - licensed to frack in Ryedale, North Yorkshire. Barclays owns 97% controlling stakes in Third Energy. This could be a huge victory for the anti-fracking and climate justice movement in the UK, showing the power of organising and building coalitions in our local communities.
If we are serious about preventing catastrophic warming, we need to stop Barclays funding any new coal mines, drill any new fracking sites or build any more pipelines. Not a single one. Take action to tell them we’re done expanding the fossil fuel frontier.