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Tainted Money Is Better Than None for Struggling Charities

Bloomberg: Quint

Tainted Money Is Better Than None for Struggling Charities

Max Hastings Jul 18 2021, 12:30 PM Jul 19 2021, 1:46 PM

In Britain, the actor Mark Rylance is among prominent lobbyists for Extinction Rebellion, a green advocacy group demanding, among much else, that Sadler’s Wells ballet company cease accepting money from Barclays Bank, which it describes as Europe’s largest financier of “fossil fuel extraction.”

Likewise, the British Museum is targeted for its partnership with oil company BP Plc., and the London Science Museum faces criticism for allowing Royal Dutch Shell Plc. to sponsor an exhibition on climate change.

Yet so long as most of the world depends on fossil fuels to keep our economies afloat, it seems hypocritical and unhelpful for a public body to reject oil companies’ cash.

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