Barclays proposes ‘net zero’ climate change plan

This headline-baiting net zero proposal, which lacks any targets or detail, comes as Barclays issued an updated energy policy, demonstrating that it will continue to finance climate-wrecking tar sands and fracking,” said Greenpeace UK’s climate finance adviser, Charlie Kronick.

He added: “The whole thing stinks of hypocrisy. It’s nothing but an attempt to pull the wool over the eyes of shareholders who rightly want the bank to end its contribution to catastrophic climate breakdown.”