{"id":21751,"date":"2020-08-23T11:53:53","date_gmt":"2020-08-23T08:53:53","guid":{"rendered":"https:\/\/vastuullisuusuutiset.fi\/?p=21751"},"modified":"2020-08-23T14:59:18","modified_gmt":"2020-08-23T11:59:18","slug":"samsung-faces-youth-climate-protests-over-involvement-in-new-vietnam-coal-plant-21-august-2020-source-edie-newsroom","status":"publish","type":"post","link":"https:\/\/vastuullisuusuutiset.fi\/fi\/chief-editors-choice\/samsung-faces-youth-climate-protests-over-involvement-in-new-vietnam-coal-plant-21-august-2020-source-edie-newsroom\/","title":{"rendered":"Samsung faces youth climate protests over involvement in new Vietnam coal plant 21 August 2020, source edie newsroom"},"content":{"rendered":"

Climate protestors have gathered outside Samsung’s flagship UK store on Oxford Street this morning (21 August), calling on the firm to halt plans to help build a new coal-fired power plant in Vietnam.<\/p>\n

Co-ordinated by The Sunrise Project, the protest has also drawn participants from groups such as Extinction Rebellion and Fridays for Future. It is drawing attention to the fact that Samsung\u2019s construction & trading arm, Samsung C&T, is in talks with equipment provider Doosan Heavy Industries to help construct the Vung Ang 2 coal-fired power plant in Vietnam.\u00a0Planning permission is currently being sought for the plant, which will consist of two 600MW turbines. Should permission be granted, the first turbine will come online in 2024 and the second in 2025, with the facility set to have a working lifespan of at least 30 years.<\/p>\n

Green groups, community groups and lawyers have repeatedly warned that the construction of the plant would be at odds with the Paris Agreement, which Vietnam has signed, and that coal ash from the plant would negatively impact local farming land across the Ha Tinh province. As such, the installation of the plant is already more than ten years behind schedule. Opponents claim that the business case for the plant has gradually weakened as nations set stronger climate commitments, insurers divest from coal and reinsurance becomes less available.<\/p>\n

The latest wave of direct action targeting Samsung C&T began in Seoul earlier this week. Protests have also taken place in Manila and Tokyo, with a further protest planned for San Francisco and a digital strike being led by Youth4ClimateAction and Greta Thunberg\u2019s Fridays 4 Future. Attendees are using banners and placards stating \u201cbacking coal is the wrong call\u201d and ”make the right call on coal”.\u00a0\u00a0edie has contacted Samsung for a response to the protests but has not yet received a response. This article will be updated in due course.<\/p>\n

\u201cWe are urging Samsung business affiliates to stay away from constructing, underwriting or providing services for coal projects globally, most particularly now in the case of Vung Ang 2 in Vietnam,\u201d the Sunrise Project\u2019s strategist and advisor for finance in East Asia, Tanya Roberts Davis, said.\u00a0 \u201cSamsung has a clear choice: become mired in the economic, health and ecological crises associated with this project or take heed of communities and civil society worldwide.\u201d<\/p>\n

Last year, climate activists took aim at Samsung C&T for the involvement of its Securities arm in the Adani coal port project in Queensland, Australia. Permission for the project was approved by the Australian government last year but, since then, it has lost the support of various businesses and investors.<\/p>\n

Source: edie.net<\/a><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

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