Today more than 170 people rallied outside of the Royal Bank of Canada’s (RBC’s) Annual General Shareholder meeting (AGM) in Toronto after a series of creative non-violent actions all morning. Inside, First Nations Chiefs and community representatives from four different Nations demanded RBC phase out of its Tar Sands financing and to recognize the right to Free, Prior and Informed Consent for Indigenous communities. Afterward, Indigenous leaders lead the crowd in a march to rally outside both RBC Headquarters buildings.

Other cities across Canada supported the First Nations voices inside the AGM as well with solidarity actions from (click on a city for pictures) London, Calgary, Vancouver, Edmonton, Victoria and more. Check out photos from those and our events in Toronto.

And see some preliminary media coverage from the Wall Street Journal and Yahoo.

See beautiful photos from Allan Lissner here.

Since 2007 RBC has backed more than $16.7 billion (USD) in loans to companies operating in the tar sands—more than any other bank. Called, ‘the most destructive project on Earth,’ Alberta’s tar sands projects will eventually transform a Boreal forest the size of England into an industrial sacrifice zone complete with lakes full of toxic waste and man-made volcanoes spewing out clouds of global warming emissions.

Outside the shareholder meeting school children, bank customers of every age, First Nations community representatives joined Rainforest Action Network, Indigenous Environmental Network, No One Is Illegal, and Council of Canadians made their outrage at RBC’s investments heard – to the thumping beats of street Samba band, the crowd shouted “Cultural Genocide: who do we thank? Dirty investments from Royal Bank!”

Inside the shareholder meeting, Chief Al Lameman of Beaver Lake First Nation, Alberta,Vice Chief Terry Teegee of the Carrier Sekani Tribal Council of BC, Hereditary Chief Warner Naziel of the Wet’suwe’ten First Nation of BC, and Gitz Crazyboy of Athabasca Chipewyan First Nation addressed RBC CEO Gordon Nixon directly about the way tar sands extraction projects have jeopardized their health and their rights.

Downstream communities have experienced polluted water, water reductions in rivers and aquifers, declines in wildlife populations such as moose and muskrat, and significant declines in fish populations. Tar sands has all but destroyed the traditional livelihood of First Nations in the northern Athabasca watershed.

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After a year of campaigning, this afternoon RBC and RAN finally sat opposite the same table to talk tar sands (here’s the background for those just tuning in).

In RBC’s corner was COO Barbara Stymiest joined by Sandra Odendahl and Shari Austin. We correspond with Sandra and Shari pretty regularly.  Barbara was a new contact. She’s one of nine members of RBC’s “Group Executive” responsible for setting the overall strategic direction of the bank.

Weighing in for RAN was Acting Executive Director Rebecca Tarbotton joined by Eriel Deranger and me. Our aim was to learn whether RBC is ready to begin putting its money where its mouth is on Indigenous rights, water quality and climate change by scaling back its financing in Canada’s tar sands.

The resounding conclusion? Maybe a little. Maybe. Enough to scale back the campaign? Read the play-by-play after the jump.

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After more than a year of denial, RBC may be admitting that it has a problem in the tar sands. Tomorrow, we’ve learned that RBC will host a group of more than a dozen international banks for what it calls a “day of learning”. The meeting comes just eight weeks after our letter to 68 banks signed on to the Equator Principles requesting that they forgo financing in the controversial industrial project.

RBC’s invitation-only meeting clearly aims to develop begin developing a coordinated response among banks to the growing controversy over tar sands financing. We got a peek at a draft agenda featuring Deputy Ministers from Alberta’s Environment and Energy Ministries, tar sands developers, selected environmental groups and at least one “First Nation representative”.

While we didn’t get an invitation to the meeting, volunteers are planning to make our presence known by distributing a special message to bankers in attendance.

We don’t know for sure which banks will show, but we’re expecting most of the 26 ranked in our earlier post on international banks backing the tar sands.

We’re happy to see RBC starting an important conversation in the banking industry, but actions speak louder than words. These banks should stop bankrolling dirty oil and shift those funds into clean energy.

Progress or PR? You decide! Tell us what you think in the comments.

Illustration by Stefan Lorant

As an ode to the  “rank ‘em and spank ‘em” strategy coined by our outgoing Executive Director Mike Brune, we proudly present the following roster of international banks backing expansion in the tar sands.

The table below is based on credit extended underwritten by each bank to companies operating in the tar sands since 2007 according to Bloomberg. Restrictions at Bloomberg now prevent us from publishing deal-by-deal details to the web, but are available upon request if you leave your email in the comments.

Each of these banks received letters from RAN, IEN and BankTrack late last year requesting information about how they are addressing the damage caused by tar sands development. Responses (or lack thereof) will help us identify which banks are serious about responsible banking, and which may need more convincing. Responses received to date are also linked in the table after the jump.

UPDATE: There’s been some questions about how these numbers are derived.  We have answers, following the table. More »

RBC CEO Gord Nixon should be putting his bank’s money where his mouth is. Last week, he offered an incoherent defense of RBC’s “balanced approach” to the environment after RAN activists confronted him on the bank’s financial support for expansion of Canada’s tar sands.

Recognizing his stumble, Nelson hit the papers this week to explain. “You can’t over-emphasize the environment at huge cost to the economy” Nixon told the National Post, “and at the same time you cannot do things economically that are a huge cost to the environment.”

Below the surface, though, RBC’s “balanced approach” is anything but. More »

Before dawn this morning, a small team of climate activists is rapelling from the US observation deck at Niagara Falls. Dangling hundreds of feet above the ground, they’re sending a special welcome message to Canadian Prime Minister Stephen Harper ahead of his first official visit to the White House.

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Rainforest Action Network drops Seventy-Foot Banner Over Niagara Falls to Welcome Prime Minister Harper to the U.S.
Banner: “Canadian Tar Sands Oil Undermines North America’s Clean Energy Future”
See more photos here.

Before dawn this morning, a small team of climate activists rappelled from the US observation deck at Niagara Falls. Dangling hundreds of feet above the ground, they sent a special welcome message to Canadian Prime Minister Stephen Harper ahead of his first official visit to the White House to push dirty Tar Sands oil.

Not that he’s feeling so welcome anyway. Obama limited the meeting to just one hour. While some have called it a slap in the face, Aides say Harper will turn the other cheek. “The economy, and the clean-energy dialogue,” one aide told the Globe and Mail, “will dominate the discussions.” Obama needed to dodge controversy over oil imports from Canada’s tar sands in the midst of the Climate Legislation debate. Harper needed a story to go with his photo-op.

During Harper’s first official trip to meet Obama in the U.S., the two leaders are expected to discuss climate change and energy policy ahead of the upcoming G20 Summit. Canada supplies 19% of U.S. oil imports, more than half of which now comes from the tar sands, making the region the largest single source of U.S. oil imports. The expansion of the tar sands will strip mine an area the size of Florida. Complete with skyrocketing rates of cancer (by 400%!) for First Nations communities living downstream, broken treaties, toxic belching lakes so large you can see them from outer space, churning up ancient boreal forest, destroyed air and water quality, the tar sands have been called the most destructive project on Earth.

Tomorrow’s visit to the U.S. by Prime Minister Harper is the latest attempt by Canadian Federal and Provincial officials to lock in subsidies for 22 new and expanded refinery projects and oil pipelines crisscrossing 28 states, which would transport and process the dirty tar sands oil. Many are concerned that Prime Minister Harper wants to protect the tar sands oil industry from climate regulation, even though it is one of the fastest growing sources of greenhouse gas emissions in Canada.

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The first photos are coming back from a RAN banner drop at Niagra Falls. From our press statement:

Just one day before Prime Minister Harper’s first official visit with President Obama, three concerned citizens released a vivid 70-foot banner above the Niagara Falls; the banner is intended to call attention to Harper’s efforts to lock up the U.S. market for tar sands oil, and the threat tar sands holds for the climate. Against the dramatic Niagara Falls background, the most well recognized border between the U.S. and Canada, the banner is intended to send the message that Canadian tar sands oil threatens North America’s clean energy future.

Watch this page for updates.

UPDATE 6:14 am PDT: Here’s another photo, and a phone interview with one of the climbers (who is still hanging under the banner).

Over the past decade, as oil prices have risen ever higher, oil companies have begun a massive – and massively destructive – project of tearing Canada’s boreal forest to pieces, in order to get at a layer of sand that contains 10% oil. To get the oil out, they need three barrels of natural gas for every barrel of oil produced. The process creates vast lakes of polluted water – which already cover 50 square miles – that are seeping into the groundwater and rivers, poisoning Indigenous communities; already, thousands of ducks have died after landing in these wastewater lakes. The wreckage from this horribly destructive process already covers 500 square miles – but the area earmarked for future destruction is the size of Florida. Protests of Indigenous peoples are being ignored. Politicians are redirecting money from clean energy projects to finance tar sands research. And all this is happening in our friendly neighbor to the north, Canada – and U.S. oil companies are raking in huge profits from tar sands oil, and are pumping the world’s dirtiest oil from Alberta straight to your gas tank.

Sounds like a pretty important news story, right?

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Yesterday’s Agrofuels rally at the Low Carbon Fuel Standard was, in a word, beautiful. We rode up to Sacramento in Lola, the Mexican bus (fueled by biodiesel made from recycled vege oil) and met up with students from UC Davis and allies from Rising Tide to declare our opposition to agrofuels in the Low Carbon Fuel Standard and support of the exclusion of oil from the Alberta Tarsands.

thanks to Kevin Buckland for the artwork (note the carniverous cars!)

During the rally filled with chants like “No agrofuels no oil, we don’t want the world to boil” and a long list of speakers, an enormous banner that read “Agrofuels are not Low-Carbon” unfurled from the parking structure across the street. Speakers included Altacir Bunde from the Brazilian Popular Movement of Small Farmers (MCP), Brazilian documentary film maker and human rights activist Maria Luisa Mendoca, Jeff Conant from Food and Water Watch, Eric Holt Jimenez from Food First, RAN’s agrofuel program mangager Andrea Samulon, Tar sands campaigner Brant Olsen, our ED Mike Brune and others.

Afterwards we all went into the Low Carbon Fuel Standard hearing itself, with our t-shirts the read “Agrofuels are not Low Carbon”. When a representative from the ethanol industry from Brazil spoke about how clean and green ethanol from sugar cane is, many of us got up, showed our shirts and walked out. Before leaving, Maria Mendoca shouted out “He’s a liar, he’s a liar, the expansion of sugar cane for ethanol is destroying the rainforests in Brazil!”

A number of folks from our group stayed to speak, including Altacir Bunde who told the California Air Resources Board:

“The idea that the ethanol produced in Brazil is clean is not true, because in order to produce ethanol you have to burn sugar cane fields, use  toxic chemicals, dry up our ground water, clear-cut forests, and pollute what water is left with residues from the ethanol processing.   Also the production of ethanol uses more slaves than any other industry in Brazil.  Fuel production is replacing food production, and destroying communities of small farmers. Our food crisis is getting worse with the expansion of agrofuels, not only in Brazil, but around the world. Agrofuels is not a solution. We say yes to food sovereignty and no to agrofuels!”

Brant Olsen stayed back to speak  to CARB about the tar sands. He pointed out that Low Carbon Fuel standard will help keep dirty oil from Canada’s tar out of California by imposing a penalty on importers, which is great because:

a)it means California will set a global example by resisting short-sighted industry plans to dig us deeper into oil addiction

b)less tar sands should also mean less localized pollution from oil refineries down the road, since processing tar sands produces more pollution than conventional oil.

Check out our local television coverage,

our press release

our flicker site to see more photos

more online media

and an article in the Sacramento Bee

Hear Altacir Bunde and Maria Luisa Mendoca speak:

Monday April 27, 7-8:30 at UC Berkeley, 159 Mulford Hall

Tuesday April 28, 6:30-8:00 at San Francisco State, Room HSS 259