Carbon-intensive activity opposed

Terry Macalister

Oil companies at the centre of the tar sands revolution in Canada are facing a backlash from members of the ethical investment community determined to bring a halt to these operations for environmental reasons.

A joint report from Co-operative Investments and the wildlife charity WWF released on Tuesday will be followed up in September by a meeting of the UK Social Investment Forum (UKSIF) to press for an end to this carbon-intensive activity.