On May 2, a week before BofA's annual shareholder meeting is to be held here in Charlotte, five activists scaled Bank of America Stadium and dropped a 70” x 25” banner reading --Bank of Coal.

Over the past 2 years, Bank of America has invested more than $6.4 billion in coal. Bank of America is the biggest bank in the United States and the biggest underwriter of the coal industry -bankrolling coal mining, infrastructure investments and coal plants around the country. While Bank of America claims to support environmental responsibility, it continues to lead investments in coal, one of the biggest threats to public health and climate stability.

Learn More

Why We Need to Quit Coal

We do not need coal, a 19th century technology, to power our 21st century world. Coal-fired power plants are the biggest source of man-made CO2 emissions. This makes closing coal plants job Number 1 to save the climate.

Bank of America Shareholder Meeting

This spring, people from all walks of life, representing the diversity of the 99%, converged on Bank of America’s doorstep to hold it accountable and take action. Learn more about how Bank of America is affecting local communities and help put a stop to it. More than anyone else on Wall Street, Bank of America is trashing our economy and our environment in the name of its own profits.

Bank of Coal

On May 2, a week before BofA's annual shareholder meeting, five activists scaled Bank of America Stadium in Charlotte and dropped a 70” x 25” banner reading 'Bank of Coal'

Wall St. & Climate Change

In 2008, the Big Banks caused serious havoc with the housing market, and their role in financing coal continues a pattern of reckless behavior. The time for banks to drop coal is now.

Renewable Energy Can Power the World

The 21st century economy will be powered by renewable sources of energy. The great clean energy transition has already begun, and technologies we need to safely power our world are with us today.
Dirty Money: US Banks At the Bottom of the Class
From the cradle to the grave, coal is a risky business. Each stage in the life cycle of coal–extraction, transportation and combustion–presents increasing health, environmental, reputational, legislative and financial risks.
view all related stories »

Recent Blog Posts

UC Students Give Bank of America Recruiters a Reality Check

This morning, Bank of America campus recruiters at the University of California (UC) at Berkeley who were working to recruit students into the bank's internship program got a reality check about the

Bostonians Uniquely Positioned to Accelerate Clean Energy Transition

Did you hear? Rainforest Action Network is focused on the Bay State now. Massachusetts is home to several of Bank of America’s top executives, and if the company took a leadership role in addressing its financed emissions, other institutions would follow suit.

Now It's Time for a Visionary Interior Secretary

We got the news this morning that Ken Salazar is stepping down as Interior Secretary.

view all related blog posts »

Take Action Today

Tell Bank of America: Stop funding dirty coal
Add your name now to amplify the powerful chorus of voices demanding that BofA end its funding of dirty coal and global climate change.

Publications

Coal Risk Update - 02.2013
Selenium Risk at Alpha Natural Resources’s Mountaintop Removal Mines: Insight from the Patriot Coal Bankruptcy and Regulatory Monitoring Data
Bankrolling Climate Disruption: The Impacts of the Banking Sector’s Financed Emissions
The banking sector accelerates global climate change through its “financed emissions,” the greenhouse gas emissions induced by bank loans, investments, and financial services. A bank’s physical operations typically have a modest climate impact, but banks that finance coal-fired electric utilities or fossil fuel producers bear co-responsibility for the massive quantities of greenhouse gases emitted by these companies. Major banks therefore have financed emissions footprints that are much larger than their operational climate impacts and expose them to both reputational and financial risks.
Dirty Money: US Banks At the Bottom of the Class
A coal finance report card produced by Rainforest Action Network, the Sierra Club and BankTrack. We examine the policies and practices of the largest U.S. banks.
view all related publications »

Spread the Word