Offical Notice: Cease Financing Coal
To: Bank of America, Citi, JPMorgan Chase, Morgan Stanley, PNC and Wells Fargo: We regret to inform you that this bank is being put on Notice. Effective immediately you must…
Dear Citi: You Have a Responsibility
Last week we got the news that Alpha Natural Resources had bought out Massey Energy, in a deal worth over $7 billion that creates the largest mountaintop removal coal mining…
PNC: Are You In This For The Long Run?
Our friends at the Earth Quaker Action Team in Philadelphia staged a marathon-themed protest at PNC bank last month, shortly after the bank announced a public policy on financing mountaintop…
Breaking: UBS Eighth Bank To Slow Financing Of MTR
More good news for our global finance campaign – this week Swiss banking giant UBS issued a public statement highlighting the regulatory and reputational concerns around mountaintop removal (MTR) coal…
Rumors Flying Over Massey’s Future
Rumors are circulating that Massey Energy, the largest mountaintop removal (MTR) mine operator in Appalachia, may be up for sale. The Wall Street Journal reported Monday that Massey “has formed…
A Tale of Two Swiss Banks
We’ve been keeping our eyes on the Swiss alps as we fight to stop the destruction of Appalachia’s beautiful mountains. The reason? International banking giants provide major finance to some…
Citizens Occupy PNC: The Bank of Mountaintop Removal
UPDATE: Four brave activists were arrested at today’s PNC sit-in, including Reverend Billy Talen, George Lakey, Alexa Ross and Liz Nerat. Today, as part of Appalachia Rising, the largest protest…
Cracks in Big Coal’s Empire
“First they ignore you, then they laugh at you, then they fight you, then you win.” -Gandhi Don Blankenship‘s empire is crumbling. Mountaintop removal coal mining may well be on…
Banks Bail on Coal; Top 4 banks Cut Financing for Massey Energy
https://youtube.com/watch?v=wV2w78K2YWc%26hl%3Den_US%26fs%3D1 Two years ago no bank had a policy on coal mining, and Wall Street was providing finance and credit indiscriminately to the most destructive form of mining in the…
Lexington Protest Shames PNC’s Mountaintop Removal Financing
Concerned citizens rallied in downtown Lexington today to express their anger at PNC Bank for financing mountaintop removal (MTR) coal mining. PNC is now the biggest US financier of MTR….