“Environmentalists have spent the past four years pushing for such a change and they said B of A now has the strongest policy of its kind on climate change.‘It’s significant,’…
May 6, 2015
May 6, 2015
Bank of America’s New Policy to Limit Credit Exposure to Coal
“The bank announced its new coal policy at its annual meeting, saying it would cut back its lending to coal extraction companies and coal divisions of broader mining companies… Rainforest…
April 30, 2015
The Guardian: Banks and pension funds continue to bankroll deforestation and land grabs
“Loans and bonds backing palm oil expansion have been steadily increasing over the past five years, amounting to tens of billions of dollars per year,” says Tom Picken of the…
April 30, 2015
Banks and Pension Funds Continue to Bankroll Deforestation and Land Grabs
“Since the financial crises of 2007-2008, land and the commodities grown on it have been hugely attractive to a more risk averse investment community. But palm oil in particular, with…
April 25, 2015
Billionaires Versus Big Oil
“The Rockefeller Brothers Fund and Stanford University are divesting from coal… The small amounts divested so far are unlikely to have any serious short-term impact on Big Oil or Big…
April 20, 2015
The Clothing Insurrection: It’s Time to Take On the Fashion Supply Chain
“ ’Supply chain.’ ” The phrase is so vague, so neutral, it would seem to have been coined with the intent to make people’s eyes glaze over when they come…
April 16, 2015
6 Arrested in Protest at BP Headquarters Ahead of Spill Anniversary
“Among those arrested Wednesday were Cherri Foytlin from South Louisiana.Cherri Foytlin: ‘I have seen with my own eyes the devastation that this spill has caused and continues to cause to…
April 16, 2015
Preemptive Strike on EPA Emissions Rules: Can It Derail Obama Climate Plan?
“The new EPA rules, which were proposed last year, will require states to cut carbon emissions by 30 percent by 2030…Coal industry representatives now say that they will have to…
April 15, 2015
Demonstrators Take To BP Headquarters On Anniversary Of Oil Spill
“It’s been five years since BP’s Deepwater Horizon rig exploded in the Gulf of Mexico, resulting in largest oil spillin American history. The company released a report last month saying…
April 15, 2015
Ahead of BP Spill Anniversary, the Obama Administration Has Proposed New Gulf of Mexico Drilling Rules
“On April 20, 2010 a well blowout at a BP oil rig caused the deaths of 11 workers and nearly five million barrels of oil to flow into the Gulf…