Various environmental organizations have carried out this Thursday the so-called “Toxic Tour”, a tour from the Palacio de la Bolsa to the Ministry of Agriculture, Fisheries and Food (MAPA), in the center of Madrid, to denounce the green washing they do in the COP25 some of the “most polluting” companies and banking institutions.
Outside the facilities where the Climate Summit is taking place, but with the same spirit of seeking solutions to the climate crisis, European environmental organizations Ecologists in Action, Friends of the earth, Bank Track, Corporate Europe Observatory Y Gastivists, have denounced the abuses of the interest groups that they have called “fossil capitalism”.
The first stop on the “Toxic Tour” was the Madrid Stock Exchange Palace, where the Bank Track activist, Lise Masson, has underlined “the destructive policies of some IBEX 35 companies, from the electricity and infrastructure sectors, among others, that sponsor large spaces at COP25 and buy covers”.
The multinationals of fossil capitalism
These entities, he assured, “they have an enormous capacity to influence climate negotiations so that they do not undermine their interests“, being “one of the main contributors to the climate crisis”, since they get “more than half of the electrical energy they produce from burning coal and gas”.
This entourage of European environmentalists has continued its journey towards a bank branch located in the Plaza de la Lealtad, where it has stopped to display a banner that read “Fossil banks no thanks”.
At this point in the march, the international manager of Ecologists in Action, Samuel Martín Sosa, has described large corporations as a “power in the shadow that favor climate change by investing “billions of euros in new fossil projects”.
The consequences of the global economy
The tour has continued towards the Naval Museum, a place where representatives of the NGO Active Earth, to symbolically denounce “the power of the global economy that had its origin in the colonization of the New World and the plundering of its resources”
Maria Garcia, member of Active Earth, has referred to the “sacrifice zones” created by “copper mining in Chile” and has remembered the hundreds of environmental leaders murdered throughout the American continent.
The next stop on the “Toxic” tour has been the Prado Museum, sponsored by a large energy company, an entity that, according to the head of climate and energy at Friends of the Earth, Héctor de Prado, “uses cultural and sports institutions to improve its image”.
The “Toxic tour” has finished before the Ministry of Agriculture, Fisheries and Food (MAPA), point which Pascoe Sabido, member of the Corporate Europe Observatory (European Corporate Observatory) has criticized the management of the recently relieved European Commissioner for Energy and Climate Change Action, Miguel Arias Canete.
“Arias Cañete held 70% of his meetings with the fossil industry”, he sentences, which in Sabido’s opinion, “generated clear conflicts of interest between the functions of his position and his performance at the head of it”, he pointed out.
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