BNP Paribas banking group to fund a dangerous obsolete nuclear reactor

This reactor fails to meet international safety standards, in addition its outdated, decades old technology would never be permitted in France itself. It is a dangerous nuclear project that should not go ahead – yet BNP Paribas wants to finance it. This money would come partially from customers’ savings – which make up 45% of the banking group’s global revenue.

Why isn’t BNP Paribas ‘sharing’ its nuclear projects on Facebook?  Greenpeace International,  by Laura K. – November 4, 2010 Two weeks ago we revealed banking group BNP Paribas, the world’s leading investor in the nuclear industry, is planning to fund an obsolete, dangerous nuclear reactor in Brazil – Angra 3.

Since then a lot of you have asked BNP Paribas to stop its radioactive investments, some by sending an e-mail and others by phoning. So far the bank has not responded adequately to your concerns.

Luckily BNP Paribas likes to remain in contact with its customers, as well as its potential customers: the general public, so it maintains a Facebook page where a moderator regularly responds to questions in a very friendly manner (often with the added touch of a 🙂 !) This is a Facebook page for BNP Paribas to promote its new projects or latest offers to the public, such as its sponsoring of the Masters tennis tournament – but I noticed that one of its latest projects is missing: the Angra 3 nuclear reactor.

This reactor fails to meet international safety standards, in addition its outdated, decades old technology would never be permitted in France itself. It is a dangerous nuclear project that should not go ahead – yet BNP Paribas wants to finance it. This money would come partially from customers’ savings – which make up 45% of the banking group’s global revenue.

BNP Paribas does not share information about its involvement with the Angra 3 nuclear reactor with its customers or with the general public. It certainly doesn’t mention this on its Facebook page. But it should.

You can leave a comment asking BNP Paribas why it is going ahead with plans to finance the dangerous, out-of-date Angra 3 reactor – and why it doesn’t share its involvement in these kinds of projects on its Facebook page?

Why isn’t BNP Paribas ‘sharing’ its nuclear projects on Facebook? | Greenpeace International

November 6, 2010 - Posted by Christina Macpherson | 2 WORLD, business and costs | antinuclear, nuclear, nuclear costs, nuclear secrecy, nuclear spin, nuclear technology, radiation, reactor