Banking on Coal: New BankTrack Report Highlights Bank Complicity in Global Coal Mining Boom
“Most innovative investment bank for climate change.” – Citigroup “Mak(ing) your life greener and help(ing) tackle climate change.” – Morgan Stanley “Financing a low carbon economy.” – Bank of America…
Coal India to Investors: What’s a Few Billion Tons of Coal Between Friends?
Yesterday, Greenpeace and the Institute for Energy Economics and Financial Analysis (IEEFA) released a report that reveals that Coal India, the world’s largest coal miner, may be overstating its coal…
Bank of America’s New Corporate Social Responsibility Report Defends Business-as-Usual on Coal
This morning, Bank of America released its 2012 Corporate Social Responsibility (CSR) report, which falls well short of committing to the serious action we need from banks on climate change….
It’s Bank of America’s Annual Shareholder Meeting: Time to Voice Discontent
I know you care—in the past couple months, you’ve already taken multiple online actions to urge Bank of America to stop funding the coal industry. And as you are reading this,…
Another Bad Call by Bank of America… And I Ain’t Just Talking Football
I imagine there are quite a few folks over at Bank of America thanking god it’s Friday right about now, because this was one hell of a bad week for…
Thousands March on Wall Street South, Bank of America
Just days before DNC delegates descended on Charlotte, the streets here were filled with throngs of the 99%. Nearly 2,000 protestors marched through the heart of Wall Street South, stopping…
Patriot Coal: Another One Bites the Dust
Big news this week in the coal industry: Patriot Coal, the third-largest Mountaintop Removal (MTR) coal mining company, is filing for bankruptcy. Bank of America is among the banks providing…
UPDATED Bank of America Shareholder Meeting Protests Underway
UPDATED: Wednesday, May 9th at 1:30 EST As Bank of America’s executives, board, and shareholders gathered at the bank’s shareholder meeting in Charlotte, NC, thousands of protesters took to the…
Bank of Coal: Bank of America Stadium Gets Renamed
As the largest financier of the U.S. coal industry, Bank of America should be called the “Bank of Coal.” So we decided to rename it. Today, five RAN activists scaled…