The key Dakota Access loan, says Rainforest Action Network’s Amanda Starbuck, is still pending. It’s a multibillion-dollar line of credit, but only $1.1 billion of the loan can be doled…
Bismarck Tribune: Multiple groups join pipeline opposition
A broad, multistate coalition of tribes, landowners and environmental groups has joined in support of a legal challenge to the Dakota Access Pipeline’s easements to cross the Missouri River in…
Huffington Post: Bank Of America Touts Going Green But Funnels Billions Into Fossil Fuels
“If these banks aspire to be climate leaders, they must accelerate their exit from coal, and commit to getting out of extreme oil and fracked-gas terminals as well” [said] Amanda…
Scientific American: Major Banks Pledge to Go Carbon Neutral
To meet the objectives of the Paris climate accord, the three banks must no longer finance “extreme fossil fuels, which are simply incompatible with a climate-stable world,” said Amanda Starbuck…
Reuters: Police arrest 13 at U.S. Interior Dept. oil, gas lease protest
Police arrested 13 activists on Thursday who were protesting oil and natural gas leasing on federal lands at the U.S. Department of the Interior, the agency responsible for auctioning rights…
DailyKos: Open thread for night owls: Big banks give pennies to Climate Week and invest Benjamins in coal
Indeed, Rainforest Action Network (RAN) charges three major sponsors—Bank of America, JP Morgan Chase, and Bank of the West (BNP Paribas)—with “helping [to] drive the climate crisis” through their ongoing…
The New York Times: EU Hopes Licensing System Will Help Save Indonesian Forests
The EU has been trying to implement its timber system internationally for over a decade and over the same time Indonesia has developed its own legal wood verification scheme that…
Mongabay: A major concern: plantation-driven deforestation ramps up in Borneo
Borneo, home to animals like orangutans, rhinos, elephants, and proboscis monkeys is also host to some of the fastest plantation expansion in the world. (read more)
Houston Style Magazine: New Report Finds Global Food Giants PepsiCo, Indofood Linked to Poverty Wages, Worker Exploitation and Discrimination
This report, the second in a year, comes on the heels of “The Human Cost of Conflict Palm Oil: Indofood, PepsiCo’s Hidden Link to Worker Exploitation in Indonesia,” a report…
Audubon Magazine: As Global Palm Oil Use Surges, Indonesia’s Rainforests Are Being Destroyed
With the commodity in high demand, tracts of land are being cleared to make way for palm plantations, releasing vast quantities of CO2 and giving poachers easy access to endangered…