[Ost-news] Fund managers attack BP over tar sands plan

[Oil Sands Truth: Shut down the Tar Sands - social and environmental impacts of tar sands heavy oil projects across North America]

>From The Times  
April 18, 2008  
Fund managers attack BP over tar sands plan  
Robin Pagnamenta

A group of American and British shareholders in BP joined forces yesterday to protest over the oil company's decision to start extracting oil from Canadian tar sands.

Eleven fund managers, which together manage total assets worth more than $10 billion (£5 billion), said that BP's move into tar sands last year was “deeply disappointing” and represented a “disturbing step backwards” for the company.

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    [1]: http://oilsandstruth.org/fund-managers-attack-bp-over-tar-sands-plan

URL: http://oilsandstruth.org/fund-managers-attack-bp-over-tar-sands-plan