This video is dumb. a) if it wasn't RBC it could have just as easily been any bank. RBC's duty is to the shareholders AND the clients i.e. Canadian resource companies. So blame them, not the intermediary. b) the tar sands marginally affect the surrounding ecosystem and by and large Canadian wilderness (parks, etc.) are quite safe and among the most majestic in the world.
RBC's duty extends beyond to the people who are affected by the choices that are made with the money that they put into the companies' projects. Promoting alternatives (like clean energy and energy efficiency) and stopping the tar sands benefits shareholders and clients alike in so many ways, including financially.
The tar sands cover an area the size of the state of Florida. Not to mention the effects that can't be contained, like air pollution, which are global and not at all marginal.
@DaMaLoJo Actually all Canadian banks, including RBC promote clean energy and green fuel. And financially speaking, no, stopping tar sand projects do NOT help anyone.
@batrider The external costs of the tar sands are astronomical. There are so many better alternatives that don't come along with these hidden costs! :)
"A new report from the National Research Council...estimates "hidden" costs of energy production and use...that are not reflected in the market prices of coal, oil, other energy sources... The damages...were an estimated $120 billion in the U.S. in 2005."
I took that from the National Academy of Sciences website.
This video is dumb. a) if it wasn't RBC it could have just as easily been any bank. RBC's duty is to the shareholders AND the clients i.e. Canadian resource companies. So blame them, not the intermediary. b) the tar sands marginally affect the surrounding ecosystem and by and large Canadian wilderness (parks, etc.) are quite safe and among the most majestic in the world.
batrider 1 year ago
RBC's duty extends beyond to the people who are affected by the choices that are made with the money that they put into the companies' projects. Promoting alternatives (like clean energy and energy efficiency) and stopping the tar sands benefits shareholders and clients alike in so many ways, including financially.
The tar sands cover an area the size of the state of Florida. Not to mention the effects that can't be contained, like air pollution, which are global and not at all marginal.
DaMaLoJo 1 year ago
@DaMaLoJo Actually all Canadian banks, including RBC promote clean energy and green fuel. And financially speaking, no, stopping tar sand projects do NOT help anyone.
batrider 1 year ago
@batrider The external costs of the tar sands are astronomical. There are so many better alternatives that don't come along with these hidden costs! :)
"A new report from the National Research Council...estimates "hidden" costs of energy production and use...that are not reflected in the market prices of coal, oil, other energy sources... The damages...were an estimated $120 billion in the U.S. in 2005."
I took that from the National Academy of Sciences website.
DaMaLoJo 1 year ago
@DaMaLoJo That has nothing to do with RBC.
batrider 1 year ago
@batrider - Actually the fact is that the damage to the environment and the surrounding communities are catastrophic!
RANVideo 1 year ago
@RANVideo No, actually the fact is the damage ISN'T catastrophic. Not by a longshot.
batrider 1 year ago
is this commercial suggesting that RBC is the sole company behind the tar sands oil operation?
linzzyy 2 years ago
00:8 i know those dogs! There names are Venon and Strider! the one with brown is strider!! HAHAHAH!!!
krustynails 2 years ago
Righteous! RBC set that up quite eloquently. Way to go RAN.
LiveWithSubstance 2 years ago 2
In T.O MAR 3RD 2010? come to the Metro Toronto Convention Centre on Front st. from 2-5.
ask RBC shareholders to stress renewable investments!
Family Friendly Rally in solidarity with First Nations communities impacted by Tar Sands extraction.
Germany is projecting to be 80% off the grid by 2020.
Sweden has imposed a carbon tax of 120$ a tonne, decreased emissions by 8% and the economy has grown by 44%
Canada: due to Tar Sands, emissions have actually gone up!!
lets them know you care!
RANsympathizer 2 years ago 2
Comment removed
RANsympathizer 2 years ago
ahahahahahahahahaaaaa.. ahahahhah
that is excellent. wow, thank you
hawlemnyair 2 years ago 2
LOL!! Funny! Raddest thing I've tubed today!
pitchwest 2 years ago 3