New Report: World’s 60 Largest Banks Have Poured $3.8 Trillion Into Fossil Fuels Since Paris Agreement; Climate Groups Sound Alarm as Financing for Fossil Fuel Expansion Continues to Rise
Even amidst the global economic downturn, fossil fuel financing numbers were higher in 2020 than 2016 *** Read report here: http://www.bankingonclimatechaos.org/ *** Released today, the 12th edition of the most…
RAN Responds to President Biden’s Cancellation of the Keystone XL Pipeline
Today is a victory of people power over the fossil fuel industry. Cancelling Keystone XL pipeline is a first step. We need to stop the equally destructive Line 3 tar sands pipeline, as well as the DAPL pipeline and other oil and gas export projects.
JPMC Commits to Align with Paris Climate Accord; Watchdog Group Warns Commitment Falls Far Short
Following years of campaigning against world’s largest banker of climate chaos, Rainforest Action Network responds to news of company’s Paris Alignment commitment SAN FRANCISCO, CA — In response to the…
Global Climate Groups Issue Guidance To Finance Giants on Aligning with Paris Agreement Goals
‘Paris Principles’ document lays out steps needed to transform finance commitments into action The world’s biggest banks, insurers and money managers are under pressure from the public, politicians and their…
Demand BLM Protect Chaco’s Sacred Sites From Fracking
New Mexico’s beautiful Chaco Canyon region is home to ancient ruins that are sacred to the Pueblo and Navajo people. Now, the government wants to let fossil fuel companies frack…
Did You Hear The One About The Bank That Couldn’t Count?
Last week, Bank of America (BofA) admitted a huge accounting error—for several years, it claimed a whopping $4 billion more in capital than it actually has. The day BofA announced…
Divestment Movement Escalates
This week, the national fossil fuel divestment movement escalated, as student blockades popped up at Harvard and Washington University in St. Louis. By the end of the week, 8 students…
Why We Are Blocking the Office of Harvard’s President
Co-authored by Sima Atri, Benjamin Franta, Sidni Frederick, Ted Hamilton, Jacob Lipton, Chloe Maxmin, Brett Roche, Kelsey Skaggs, Henney Sullivan, Tyler VanValkenburg, Jacob Lipton, Zoë Onion, Olivia Kivel, and Canyon…
Why Join Me To Protect Our Climate? Because It’s Worth It!
This op-ed by actor Chris Noth was originally printed in Metro on Monday, April 21. I’m not too big to admit that climate change terrifies me. These days, I’ve had…
Barclays: The Biggest Banker of Mountaintop Removal Coal
This year’s grades for the banks that finance the worst coal companies are in, and they’re not pretty. Financing companies that use mountaintop removal (MTR) coal mining practices puts communities,…