Coal Newsroom

Bankrolling Climate Change: New Study Ranks Top 20 Climate Killer Banks

Release Date: 
Wednesday, November 30, 2011

Durban, South Africa—Today, as world leaders gather in Durban to discuss solutions to global climate change, an international coalition of civil society and environmental organizations released a new study, “Bankrolling Climate Change,” highlighting the top 20 banks that finance the coal industry. The study examines commercial banks’ lending for the coal industry and provides the first comprehensive climate ranking for financial institutions. The study finds JPMorgan Chase, Citi and Bank of America to be the top three banks in the world financing climate change.

Anti-coal protesters climb Bank of America flagpoles, get arrested

Eight people were arrested Tuesday for climbing flagpoles and blocking a doorway at Bank of America's headquarters building uptown.

The protesters were affiliated with Rainforest Action Network and were protesting BofA's financing of coal-related projects.

Anti-coal protesters climb Bank of America flagpoles, get arrested
Charlotte Business Journal
Tuesday, November 15, 2011

Eight Arrested In Charlotte Protesting Bank Of America’s Connections To Big Coal

Bank of America, already a target of the 99 Percent Movement for its attempts to levy a $5-a-month fee on debit cards and other practices, is now under fire from environmental activists who want it to stop financing the coal industry and destructive mountaintop removal practices.

Eight Arrested In Charlotte Protesting Bank Of America’s Connections To Big Coal
Think Progress
Wednesday, November 16, 2011

8 arrested as protesters hang banner outside Bank of America HQ

CHARLOTTE, NC (WBTV) - Eight protesters were reportedly arrested in uptown Charlotte on Tuesday morning after they climbed flag poles in front of Bank of America with a banner that said "Not with our money."

According to the Rainforest Action Network, eight people were arrested on Tuesday for protesting what they call "reckless financing practices" from Bank of America.

8 arrested as protesters hang banner outside Bank of America HQ
WBTV
Tuesday, November 15, 2011

Anti-coal protesters arrested outside of Bank of America

Amid chants of "Bank of America, bank of coal," eight protesters were arrested Tuesday morning outside the Charlotte bank's corporate headquarters.

The protesters were affiliated with the local chapter of the Rainforest Action Network and demanded an end to the bank's financing of coal-related operations. Members of the Occupy Charlotte movement joined in and were among those arrested, organizers said.

Anti-coal protesters arrested outside of Bank of America
Charlotte Observer
Tuesday, November 15, 2011

BREAKING NEWS: Eight Arrested During Protest at Bank of America Headquarters

Release Date: 
Tuesday, November 15, 2011

CHARLOTTE, NC—Today, eight people were arrested protesting Bank of America’s reckless financing practices, including the banks role as the lead financier of coal. Two people were arrested after unfurling a banner reading “Not with Our Money” from atop two 50-foot flagpoles at the entrance of Bank of America’s headquarters in downtown Charlotte. Six more were arrested below: two while supporting the climbers, and four while blocking the main entrance to the bank’s headquarters. 

Daring Protest Calls on Bank of America to Stop Funding Coal and Climate Change

Release Date: 
Tuesday, November 15, 2011

Hi-Res Rights Free Photos will be available at, http://www.ran.org/boaphotos

Rainforest Action Network finds Bank of America Contributes Millions to Chicago’s Dirtiest Coal Plants

Release Date: 
Wednesday, October 5, 2011

Marathon Sponsor Accused of Financing Pollution of Chicago’s Air

CHICAGO—This weekend when 45,000 runners join the Bank of America-funded Chicago marathon, the route will take them past one of the city’s dirtiest and most controversial coal plants, the Midwest Generation Fisk plant, which is also financed by the bank. The environmental group Rainforest Action Network has found that just last year Bank of America provided $66 million in financing to Edison International and its subsidiary Midwest Generation. 

As Occupy Wall Street Gains Momentum, An Effort to Close Consumer Accounts from Bank of America is Launched

Release Date: 
Monday, October 10, 2011

SAN FRANCISCO— Bank customers around the country have an opportunity to show their discontent with the big banks by pledging to close their Bank of America accounts as part of a new effort launched today from Rainforest Action Network. The ‘not one more dollar’ pledges will be bundled—much like the big banks packaged mortgages for sale—and presented to Bank of America executives in protest of the bank’s funding of coal, the country’s number one contributor to climate change. (1)

State Line Power Station, A Dirty and Dangerous Relic, Will Soon Shut Down

The US may lack a comprehensive climate and energy strategy to mitigate coal use and ramp up the use of renewable energy, but it does have the EPA and father time combining to put pressure on utilities to close down aging coal fired power plants now. The cost of a retrofit required by new national standards for nitrogen oxide and mercury emissions have influenced Virginia-based Dominion Resources to close the State Line Power Station, a plant first constructed in the 1920s.

State Line Power Station, A Dirty and Dangerous Relic, Will Soon Shut Down
Treehugger
Saturday, May 7, 2011
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