Dear John,

Revealed: the Bank of England’s lending billions of pounds of public money to climate criminals like oil companies and airlines in response to coronavirus. [1] But this crisis is a crucial opportunity to #BuildBackBetter. The Bank should be supporting a green recovery - not helping Britain’s big climate culprits.

A couple of weeks ago we pushed them to reveal the names of these companies. [2] Now we need to push the Bank further and demand that companies getting public bailouts don’t continue to pollute our planet. John, please will you join us and sign the petition in 20 second now?

Easyjet, British Airways and Rolls Royce (to name just a few!) - not only are these companies choking our planet, many don’t treat their staff fairly either. They hand their CEOs millions and give their underpaid staff no say over how the company’s run. Several have laid off thousands of workers even after accepting the Bank’s bailout money. [3]

Last week Prime Minister Boris Johnson said "We owe it to future generations to build back better, and base our recovery on solid foundations, including a fairer, greener, and more resilient global economy." While the Bank of England governor Andrew Bailey said “The world must seize this opportunity to meet the climate challenge.” [4]

But neither of them are putting their money where their mouths are. In fact they’re handing it straight to fossil fuel companies and big polluters. This hypocrisy needs to stop.

Positive Money is a people-powered movement demanding a better money and banking system that puts people and our planet first. Over the last 10 years, thousands of us have worked together to push this up the political agenda. It’s clear the most powerful people can hear us. But now we need their actions, not just words.

The climate emergency gets more urgent every day. We must seize every opportunity we can to make sure our recovery from this crisis builds a fairer and greener society. John, please will you add your voice to our call? Please will you sign the petition in 20 seconds now?

Thank you for all that you do,

Rachel, Hannah, Simon and the rest of the Positive Money team

Notes:

[1] Bank of England bailing out ‘climate criminals and bad bosses’:

https://positivemoney.org/2020/06/boe-bailing-out-climate-criminals-and-bad-bosses/ 

[2] Bank of England comes clean on corporate bailouts following positive money campaign:

https://positivemoney.org/2020/05/press-release-govt-and-boe-comes-clean-on-corporate-bailouts/ 

[3] British Airways to cut up to 12,000 jobs as air travel collapses
https://www.bbc.co.uk/news/business-52462660 

[4] Andrew Bailey calls for green recovery, but the Bank of England must lead by example:

https://positivemoney.org/2020/06/andrew-bailey-calls-for-green-recovery-but-boe-must-lead-by-example/ 

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