To Sumitomo Mitsui, BNP Paribas, JP Morgan Chase, and Bank of America:
Don’t finance fracked-gas export terminals in the Rio Grande Valley.
Banks are financing a dirty deal in the Rio Grande Valley -- fracked gas export terminals. They’re bad for our communities and our climate.
Sumitomo Mitsui and BNP Paribas are investing in terminals that would emit thousands of tons of harmful pollutants into the air and pollute waterways in the Rio Grande Valley. These projects harm vulnerable communities that already struggle with health disparities. The Rio Grande Valley shouldn’t be sacrificed for fracked gas terminals.
JP Morgan Chase and Bank of America are the top two funders of liquefied natural gas projects in North America. Banks like them bankroll fracked gas terminals, which are the lynchpin in a long climate-wrecking process -- starting with fracked wells that leak methane, to dangerous pipelines, to compression tanks and terminals that scar our coasts. JP Morgan Chase and Bank of America should get ahead of the game and say they won’t get involved in these dirty deals in the Rio Grande Valley.
Solar power already employs over 100,000 people in Texas and could serve to offer cleaner jobs than fracked gas terminals in the Rio Grande Valley -- jobs that won’t devastate the region’s coastline, impact a thriving tourism industry, or ruin the climate.
Join us in telling these four banks to stay away from these dirty deals in the Rio Grande Valley. It’s a bad investment for our communities and our climate.