Climate activists 鈥榙ye鈥 Bank of England
Print Edition
Climate activists in London splashed black dye on the front of the Bank of England鈥檚 imposing neo-classical headquarters yesterday as part of a protest against the finance sector鈥檚 support of what they say is a climate catastrophe.
Activists, some dressed as jesters, sprayed the dye at the building, known as 鈥渢he Old Lady of Threadneedle Street,鈥 leaving black stains on the building鈥檚 main entrance.
鈥淭his bank is killing us,鈥 read a banner held up by one protester. 鈥淣o more fossil fuels,鈥 read another.
City of London police said they had arrested four people, one for trespass and three for criminal damage.
The Bank of England declined to comment.
鈥淭he action today is part of a wave of actions by XR鈥檚 Money Rebellion designed to expose the role of banks in the climate and ecological crisis,鈥 said Extinction Rebellion, a global environmental movement.
The action is being cast by the group as a 鈥淢oney Rebellion.鈥
The movement group wants to trigger a rebellion against the political, economic and social structure of the modern world in time to avert the worst devastation outlined by scientists studying climate change.
It says the Bank of England has failed to be strict enough with commercial banks to stop them funding climate change and wants it to be much tougher with the financial sector.
More fundamentally, the group says the Bank, which it cast as the 鈥淏ank of Extinction,鈥 was a pillar of an economic model based on infinite growth that prioritized short-term profit over the health of the planet.
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