CleanTechnica.com
Written by Zachary Shahan
Published on February 10th, 2010When environmentalists ask you to do something, you might not listen. When concerned citizens ask you to do something, you might not listen. When scientists ask you to do something, you might not listen. But when your investors ask you to do something, maybe then youll listen.
BP and Shell investors are demanding that they leave the Canadian oil sands alone. Why? For the bottom line (as well as all of the moral environmental reasons).
But does it look like BP and Shell will actually listen?
BP Investors Challenge Getting Oil from Canadian Oil Sands
The Co-operative Asset Management, the Unison Staff Pension Scheme, a group of clients from Rathbone Greenbank and the COIF Charities Investment Fund are all signatories to the resolution which tells BP not to commit $10bn (£6.4bn) to its Sunrise oil sands development, Tom Young of BusinessGreen reports.