Global Risks Finance accounts for Climate Change & Pollution

1 March 2018

Lloyds, Bank of Ireland, Green Investment Group, (Foresight Group) MacQuarie, Sumitomo Mitsui Banking Corporation and BayernLB Bank are among the banks to fund 4.3 MILLION tonnes of CO2, Deaths Brought Forward causing, dioxin/nitrogen dioxide/heavy metals emitting, Derbyshire RRS/Shanks/Renewi/Interserve incineration plant. NB also sometimes called-‘waste to energy’ or ‘energy from waste. Mass balance reveals that ‘EfW’ incinerators waste more energy then the tiny amount created, (if at all, they’re mainly for disposal) Deloitte, Price Waterhouse Coopers, Evershed LLP and Jardines are among the consultants that set up the high-carbon-trading incineration contract. The Derbyshire incineration plant alone will emit 4.3 MILLION TONNES OF CO2 over its 25 year ‘lifespan’.  Over 50 such burners are planned for the UK and are touted worldwide as ‘low-carbon’ and ‘energy transition’ BayernLB Bank has Ministers on the carbon trading committee. Handy. ALL such ‘waste’ incineration plants are high carbon. (Also called CHP/combustion etc) Contracts for incinerators reveal they need fossil-fuel plastics to burn (see PWC/Deloitte page for contracts extract) in stark contrast to the claim of being ‘low-carbon’. Cheaper reduction, reuse, recycling and composting have to end, to feed the incineration contracts ‘calorific’ and ‘organic’ values. NB Derby city 50% recycling rate dropped to less than 35% in the same year the contract was signed. No coincidence

Public Health England intend to use base level indicators of high child mortality for their new studies on birth defects, infant mortality, in the vicinity of ‘modern’ incinerators. Sinfin’s child mortality rate is the highest in the city, as well as suffering the highest stillbirth rates, lowest birthweight, highest rate of asthma in children. The evidence of nano-particles, for which there is no filtration system, is here –  https://eplanning.derby.gov.uk/acolnet/DocumentsOnline/documents/29079_177.pdf. In the very near future we will be able to pinpoint EXACTLY which companies and processes were involved.

Here are sample letters for you if you’re with some of the above banks/thinking of joining them and want to write and tell them what you think…

———

Green Investment Bank Atria One Level 7 144 Morrison St Edinburgh EH3 8EX 

Dear Mr Daniel Wong

This is to ask your bank to withdraw funding for the Derbyshire incineration plant, destined for Sinfin Lane in Derby and which will cause Deaths Brought Forward, is high-carbon- producing over 172,000 tonnes of carbon dioxide each year, polluting, – will add to air pollution in a designated Air Quality Management Area and Derby City Council has admitted that air quality will worsen because of the stack and associated traffic.

Derby City Council has also acknowledged that the life expectancy of Derby people – already a full year less than the national average, will not improve if air quality does not improve.

The incineration contract, (signed through Eversheds LLP, with Shanks and Resource Recovery Solutions) also ensures the dismantling of recycling, as the 13000 tonnes monthly the incinerator needs, is to be of a certain ‘organic’ and ‘calorific’ value. As you know, residual waste – after full recycling has been carried out – does not have these ‘values’.

Derby City Council and Derbyshire County Council have also revealed, in a PFI bid to DEFRA that incineration is unaffordable and that recycling is cheaper. 

You may not know that RRS/Shanks has revealed intent to cause Deaths Brought Forward’ because of pollution from the incinerator, in people who are seriously ill. The actual quote from RRS/Shanks Pg55.7 para 7.5.29:

“In order to convert Deaths Brought Forward (DBF) in life expectancy, the Committee on the Medical Effects of Air Pollution provided an estimate of an average two to six month loss of life expectancy per Death Brought Forward, in its 2001 report.”

and para 7.5.32

‘It is important to note that an increased risk of mortality and morbidity due to elevated PM10 (particulate) exposure is small and limited to a fraction of a population which is already in poor health. As such, the term DBF does not constitute new/additional deaths but a reduction in life expectancy for those whose health is already seriously compromised.’  

The Human Rights Act states that, no-one shall be deprived of their life intentionally.

Your bank has, as part of its Corporate Responsibility Statement, a pledge to be green; meaning you help to resolve issues of climate change and human health, not  worsen the effects. Over 4.3 MILLION tonnes of carbon dioxide are to be emitted  from the Derbyshire incineration plant over its 25 yr lifespan. If you are to be involved in a high-carbon trading scheme you will also be trading Deaths Brought Forward

A complaint is also being made to the United Nations.

Yours sincerely

———

Director Lloyds Bank 25 Gresham St London EC2V 7HN 

Dear Mr Horta-Osório  

I am a customer of Lloyds Bank [or I am considering opening an account at Lloyds Bank] BUT I have recently read that your bank plans to fund the planned Derbyshire incineration plant, planned for Sinfin Lane in Derby.

You may not know that the developer RRS/Shanks has revealed intent to cause ‘Deaths Brought Forward’ because of pollution from the incinerator, in people who are seriously ill.

The actual quote from RRS/Shanks is ‘Pg55.7 para 7.5.29   “In order to convert Deaths Brought Forward (DBF) in life expectancy, the Committee on the Medical  Effects of Air Pollution provided an estimate of an average two to six month loss of life expectancy per Death Brought Forward, in its 2001 report.”  

The carbon dioxide emissions from the planned Derbyshire incineration plant will be over 4.3 MILLION tonnes over its 25 yr lifespan. This is underestimated because recycling collections are currently being dismantled, to feed the waste incineration contract tonnages. 

Yet your Corporate Responsibility Statement Strategy says that you will ‘harness the positive social impact of your business to strengthen our communities’ . Please can you let me know how the above does that, as  I have to consider going to another bank because of your involvement in funding ‘Deaths Brought Forward’ and high carbon in our community. 

Yours sincerely

——–

Head of Finance, Bayern Bank LB p and info@bayernlb.de

Dear Dr Wolf Schumacher and Bayern LB Board members

I am one of your customers/thinking of joining your bank (delete as appropriate) /have recently read of your bank’s Corporate Responsibility Statement (CRS), which states: – 

“Without an ecologically and socially compatible economic strategy, long-term benefits for society at large would not be possible. We therefore take into account ecological and social issues along the entire value chain in order to meet our corporate responsibility goals. We mainly take our lead from global and societal megatrends: Demographic change, shortage of resources, climate change and globalisation” 

I was pleased to see such strong words. However, I have learned of Bayern LB involvement in the planned Derbyshire UK incineration plant, in Sinfin, Derby.

This is high-carbon, – 4.3 MILLION tonnes of carbon dioxide over the plants 25 year ‘lifespan’ –  unsustainable, polluting and an experiment on future generations.

I quote Owen Paterson Minister for the Environment ‘study health statistics to investigate whether there is a link between waste incinerators and birth outcomes, including any possible link between municipal waste incinerator emissions and babies born with congenital anomalies in areas where good quality data are available.’ The destination for the incinerator – Sinfin – contains a high number of stillbirths and the highest levels of child mortality, in the city of Derby. The baseline of ‘good quality data’ is thus abhorrently available.

You can see from this study, the evidence of heavy metal emissions on the foetus. Heavy metals and particulates are also emitted during waste incineration.   https://eplanning.derby.gov.uk/acolnet/DocumentsOnline/documents/29079_177.pdf 

You may not know that the developer RRS/Shanks has reealed intent to cause Deaths Brought Forward’, because of pollution from the incinerator and associated traffic, in people who are seriously ill. The actual quote from RRS/Shanks Environmental Statement Pg55.7 para 7.5.29 In order to convert Deaths Brought Forward (DBF) in life expectancy, the Committee on the Medical Effects of Air Pollution provided an estimate of an average two to six month loss of life expectancy per Death Brought Forward, in its 2001 report.” and para 7.5.32 ‘It is important to note that an increased risk of mortality and morbidity due to elevated PM10 (particulate) exposure is small and limited to a fraction of a population which is already in poor health. As such, the term DBF does not constitute new/additional deaths but a reduction in life expectancy for those whose health is already seriously compromised.’   They appear to believe that because people are seriously ill, it does not matter that they may die earlier than their lifespan course.

The Human Rights Act states that, no-one shall be deprived of their life intentionally.   Bayern LB’s statement cannot surely include  Deaths Brought Forward or the effects of combustion on birth outcomes, .to be a ‘long-term benefit’ for society at large, as well as worsening climate change. In the very near future we will be able to pinpoint EXACTLY which companies and processes were involved.

It is hard to believe that Bayern LB would be involved in this incineration plant, without fully taking into account the ‘ecological and social issues’ as promised in the CRS and I hope that this may be an oversight.

I have also seen that three Ministers are on the carbon-trading committee of the Bayern Bank – surely Ministers will not trade-off Deaths Brought Forward, for carbon credits?

I look forward to your reply.  

yours sincerely

The Chairman Bank of Ireland 1 Donegal Square South Belfast BT1 5LR

Dear Chairman Mr Patrick Kennedy

I am a customer of Bank of Ireland/ am considering opening an account at Bank of Ireland] BUT I have recently read that your bank funds the  Derbyshire incineration plant, claimed to be ‘energy-from-waste’ but which will actually emit 4.3 MILLION tonnes of CO2 and is wasting more energy in the process, than is actually created.

You may not know that the developer RRS/Shanks has revealed intent  to cause ‘Deaths Brought Forward’ because of pollution from the incinerator, in people who are seriously ill.

The actual quote from RRS/Shanks is ‘Pg55.7 para 7.5.29

“In order to convert Deaths Brought Forward (DBF) in life expectancy, the Committee on the Medical  Effects of Air Pollution provided an estimate of an average two to six month loss of life expectancy per Death Brought Forward, in its 2001 report.”

and para 7.5.32

 ‘It is important to note that an increased risk of mortality and morbidity due to elevated PM10 (particulate) exposure is small and limited to a fraction of a population which is already in poor health. As such, the term DBF does not constitute new/additional deaths but a reduction in life expectancy for those whose health is already seriously compromised.’

The carbon dioxide emissions from the planned Derbyshire incineration plant will be over 172,000 tonnes EACH YEAR, in total 4.3 MILLION tonnes of CO2, from a supposedly ‘low carbon’ incinerator. This is underestimated because recycling collections are currently being destroyed, to feed the waste incineration contract tonnages.

Your Corporate Responsibility Statement includes ‘our continued success as a commercial enterprise is dependent on maintaining its strong track record as a responsible corporate citizen.’

Funding 4.3 MILLION tonnes of carbon dioxide and Deaths Brought Forward’ is not ‘Recognising ‘the importance of wider social, ethical and environmental considerations’ to be ‘factored into our business decisions’

Yours sincerely