Stand with RAN as we demand that Wall Street not destroy the Great Barrier Reef.
The coal industry is embarking on a project that would destroy the Great Barrier Reef by massively expanding a coal terminal and building new coal mines in eastern Australia. The resultant dredging and ship traffic would devastate this delicate ecosystem and global treasure. The climate impacts would be terrible as well -- doubling coal production in Australia, already one of the world's worst offenders in mining this dirty fossil fuel.
But the coal industry needs international bank funding to make their reckless new project happen. Several European banks have already made public commitments not to fund this horrifically destructive project. Stand with RAN as we push the big Wall Street banks to do the same.
Take action now, and tell Wall Street you won't stand for them destroying the Great Barrier Reef.
Add your voice!
Wall Street must not finance the destruction of the Great Barrier Reef by funding the coal industry’s reckless scheme to expand the Abbot Point coal terminal. The expansion would devastate a delicate ecosystem and lead to terrible damage to the climate. Make a public commitment not to fund this horrifically destructive project now!
Pollution from coal fired power plants kills communities and cooks our climate.
That’s why the Environmental Protection Agency (EPA) announced a long overdue new carbon pollution standards for power plants this week. That's a welcome step, but we need more.
We already limit arsenic, mercury, soot and other air pollution from power plants—but, until now, not carbon pollution. Power plants are the single largest source of carbon pollution in the United States. Setting the first-ever federal limits on carbon pollution is an essential step to address global warming and here at RAN we absolutely support a national carbon pollution standard.
The proposed rule is not yet enough to slow global warming and not yet enough to inspire the world to make the necessary deep cuts in climate pollution. That is why we will be working hard next year to include much deeper cuts in the final rule.
The EPA is now accepting public comments on its proposed rule.
We know that the coal industry and the politicians they fund will work to undermine this rule and doom communities to years of future pollution.
Please urge the EPA to ignore the naysaying polluters and do even more to address global warming and set limits on carbon pollution from power plants.
Leading global banks are ending financing relationships with mountaintop removal coal producers. But Barclays, the British banking giant, poured $550 million dollars into the horrific practice in 2013.
Mountaintop removal mining (MTR) obliterates mountains and poisons communities in Appalachia. In 2013, Barclays was the #1 financier of MTR coal worldwide.
People speaking out all over the world have pushed banks like Wells Fargo, BNP Paribas and JPMorgan Chase to start moving away from MTR financing. The smart money has realized that the reputational and financial risks of supporting mountaintop removal coal are too urgent to ignore any longer.
Let’s make sure Barclays gets out of the mountain destruction business as well.
Send a message to Barclays CEO, Antony Jenkins:
Mountaintop removal (MTR) is a practice that, literally, blasts the tops off mountains to get at the coal inside. MTR poisons water, causes cancer, forces families off their land, and wrecks critical ecosystems. Big banks are the ATMs for companies engaged in this horrific practice.
There’s a growing campaign to stop banks profiting from MTR, and it’s gaining momentum. Just last month, JPMorgan Chase announced that it would stop funding MTR. In the U.K., Royal Bank of Scotland did the same.
Now we’re reaching a tipping point with Crédit Agricole, the biggest bank in France. Last year, they said they were concerned about MTR coal mining, but -- due to a massive loophole in their environmental policy -- they continue to finance loans and bonds for Alpha Natural Resources and Arch Coal, the two biggest and most destructive MTR companies in the world.
At Credit Agricole's annual shareholder meeting this week, RAN allies including BankTrack and the Keeper of the Mountains Foundation pushed Jean-Paul Chifflet, the bank’s CEO, to close the MTR loophole. They're feeling the heat. Now let’s seize this moment and drive the point home.
Tell Crédit Agricole to stop profiting from MTR once and for all.
Coal is responsible for 20% of global greenhouse gas emissions and the U.S. is the world’s second largest coal producer. Coal-fired energy generation damages cardiovascular and respiratory health and threatens healthy child development. To protect our climate and public health, we must decrease our country’s reliance on coal and challenge the powerful coal industry while building demand for a clean energy economy.
In the 21st century we should not be using this dangerous and outdated technology to power our homes, schools, hospitals and businesses. Coal mining, burning, and storage all carry significant risks to public health and to the climate. No bank or power utility should invest even one more dollar in coal.
Perhaps the most horrific form of coal mining is mountaintop removal (MTR), which obliterates mountains and poisons communities in Appalachia. In 2013, Barclays bank was the #1 financier of MTR coal worldwide. Demand that Barclays stop funding MTR.