Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Greenpeace Takes Northstar Battle To BP Boardroom


GREENPEACE TAKES ITS OPPOSITION TO NORTHSTAR TO THE BP AMOCO BOARDROOM

AUCKLAND April 13, 2000 – A coalition of environmentalists and investors from Canada, the United States and the United Kingdom, have combined to challenge BP Amoco's lack of action on climate change at the company’s Annual General Meeting in London at 11am, 13 April (UK time).

"The battle to save the Arctic from climate change and oil exploration is heading to the boardroom. This resolution is intended to send a strong signal to the BP Board that they must make a fundamental shift in their investment strategy if they are to successfully manage the transition from fossil fuels to clean energy," said Greenpeace spokesperson Matthew Spencer.

Shareholders vote (at 11pm tonight New Zealand time) at BP Amoco's AGM at the Royal Festival Hall, London, on a resolution, initiated by Greenpeace with partners Trillium Asset Management Corporation and the US Public Interest Research Group.

The resolution calls on the company to abandon its Northstar project, the first offshore oil production facility in the Arctic Ocean, and to end attempts to open the US Arctic National Wildlife Refuge for oil drilling. It also calls for the funds from Northstar's cancellation to be redirected to BP Amoco's solar subsidiary company, BP Solarex.

Currently BP's investment in renewable energy equals about three days of
its annual oil and gas spending.

The influential Pension and Investment Research Consultants (PIRC) has recommended in a report to its clients, which include some of the largest funds in the UK, to support the Greenpeace resolution. The Derbyshire
County Council Pension Fund and South Yorkshire Pension Fund have
announced they will support the resolution while Birmingham City Council Fund has said it will show its disapproval of BP by abstaining from a vote on the motion.

Greenpeace set up Ice Camp Sirius on February 12, just 1.5 miles from the BP Amoco Northstar project on the frozen Arctic Ocean, to protest against exploring for more climate destroying oil. On April 11 (NZ time) New Zealander Tanya Popp was arrested and charged with trespass, whilst trying to stop BP Amoco from laying an oil pipeline.

FOR FURTHER INFORMATION CONTACT: Sue Connor, Greenpeace New Zealand on (021) 213 5603 or (09) 630 6317. Or to contact Greenpeace in London during the AGM contact Jon Walter on + 44 - 171-8658255 or 00-31-653 504731

For a copy of the resolution contact Sue Connor at Greenpeace New Zealand.

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Werewolf: What Does Winston Peters Want His Legacy To Be?

A lot of people in New Zealand seem to resent Winston Peters and the power that he appears to have. “Appears” being the operative word. In reality, Peters will have power only up to the point that he uses it.

By next week, he’ll have become just another junior player in an MMP governing arrangement, battling to hold onto the gains he was promised. More>>

 

Rising Toll: Road Safety Needs To Be A Higher Priority

Official advice released to the Green Party under the Official Information Act shows that the previous National Government dismissed an option to make road safety its most important transport priority after being told the road toll was rising. More>>

ALSO:

Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>

ALSO:

Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>

ALSO:

Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>

ALSO:

Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>

ALSO:

Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>

ALSO:

Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election