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Rainforest Action Network Welcomes JPMorgan’s First Public Statement on Controversial Mountaintop Removal Coal Mining

Release Date: 
Monday, May 17, 2010

SAN FRANCISCO (May 17, 2010) – Just one day before their Annual General Shareholder meeting, JPMorgan Chase released their 2009 Corporate Responsibility Report including its first public statement on financing for companies that practice mountaintop removal (MTR) coal mining.

JPMorgan Gets an “F” on Mining

In late March, I wrote about how Wall Street powerhouse JPMorgan Chase continues to fund coal companies that engage in mountaintop removal mining (MTR), a dangerous, environmentally devastating type of strip mining in which the peaks of mountains are literally blown off, exposing the seams of coal that run underneath.

Mother Jones
Mother Jones
Thursday, May 13, 2010

JP Morgan Chase, Bank of America Called Out for Financing Mountaintop Removal

Mountaintop removal is one of those instinctively gut-wrenching things--it's never pretty to see natural habitats blown open to make room for coal mining. And yet, many of the biggest banks in the U.S. continue to fund the practice, according to a report from the Rainforest Action Network.

Fast Company
Fast Company
Friday, May 14, 2010

U.S. to Split Up Agency Policing the Oil Industry

"Members of the Rainforest Action Network, top, listened Tuesday at a Senate committee hearing as oil executives, middle, waited to testify before the Committee on Energy and Natural Resources"

Full article and photo at http://www.nytimes.com/2010/05/12/us/12interior.html

U.S. to Split Up Agency Policing the Oil Industry
The New York Times
Wednesday, May 12, 2010

BP Oil Spill a Crude Awakening for Washington and Industry

Release Date: 
Tuesday, May 11, 2010

Contact: Ginger Cassady, Rainforest Action Network, 415.640.7155 (on-site cell)

Brianna Cayo Cotter, Rainforest Action Network, 415.305.1943

Rainforest Action Network Stands By Evidence that Cargill is Destroying Rainforests

Release Date: 
Thursday, May 6, 2010

Minneapolis, Minn. – Rainforest Action Network (RAN) released the following statement today in response to Cargill’s denial of the evidence presented in our May 4, 2010 report, Cargill’s Problem with Palm Oil: A Burning Threat in Borneo.

“No one wishes more than we do that Cargill wasn’t destroying rainforests. Pictures and maps don’t lie, however.

“We stand by the evidence released in our report that Cargill’s plantations in Indonesia are cutting down rainforests, violating the Roundtable on Sustainable Palm Oil (RSPO), and are out of compliance with Indonesian law.”

Bank of America Decision to Stop Funding Mountaintop Removal a Victory for Appalachia and Anti-Coal Movement

Release Date: 
Wednesday, December 3, 2008

SAN FRANCISCO - Rainforest Action Network praised Bank of America today for its decision to phase out financing for companies that practice mountaintop removal coal mining, a highly destructive and controversial method of coal extraction. The announcement, part of a new coal policy released on the bank’s website, reads: “We…will phase out financing of companies whose predominant method of extracting coal is through mountain top removal.”

Protestors Tell Citi and Bank of America: "Not With Our Money, End Your Destructive Investments’"

Release Date: 
Saturday, September 27, 2008

CAMBRIDGE, MA - During the lunch rush at Harvard Square today, community groups, activists and students called on Citi and Bank of America to end the risky investment practices that are jeopardizing the homes and savings of American families, and threatening the global climate.

Chevron, plaintiffs seek gains as verdict nears

As a verdict nears in the long-running environmental lawsuit against Chevron Corp. in Ecuador, both sides are ratcheting up the pressure.

This morning, a man who says oil field contamination in Ecuador's rain forest killed two of his children will try to meet with Chevron's new chief executive officer, John Watson. Together with some of his American supporters, Emergildo Criollo will go first to Watson's home in Lafayette, then to the company's headquarters in San Ramon, carrying with him petitions signed by 325,000 people asking Chevron to settle the suit.

Chevron, plaintiffs seek gains as verdict nears
San Francisco Chronicle
Tuesday, March 2, 2010

Dept. of Protests: Mountaintop removal edition


Editor's note: Yesterday, activists gathered outside of the EPA's Region III office at 16th and Arch to protest the truly hideous practice called mountaintop removal, in which coal companies literally dynamite mountains to gain easier access to the coal inside. We dispatched intern Emily Currier to the scene; she files this report:

Dept. of Protests: Mountaintop removal edition
Philadelphia City Paper
Tuesday, March 2, 2010
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