Greenpeace volunteers mark Kyoto day halting trading on the global oil market by occupying the International Petroleum Exchange in London…
Today is a day for action. After a long and arduous process the Kyoto Protocol comes into force and the time for business as usual is over.
Thirty-five Greenpeace volunteers halted trading on the global oil market by occupying the International Petroleum Exchange in London. They entered the high security building near Tower Bridge shortly before 2pm, just as the world market in Brent crude was about to switch to London.
They attached distress alarms to helium balloons, blew foghorns and handcuffed themselves to the trading pit, forcing the exchange to shut down. The International Petroleum Exchange does one thousand billion dollars of business each year and trading at the London exchange sets the price for 60 percent of the world’s oil.