No name Newsroom

JP Morgan Chase, Bank of America Called Out for Financing Mountaintop Removal

Mountaintop removal is one of those instinctively gut-wrenching things--it's never pretty to see natural habitats blown open to make room for coal mining. And yet, many of the biggest banks in the U.S. continue to fund the practice, according to a report from the Rainforest Action Network.

Fast Company
Friday, May 14, 2010

U.S. to Split Up Agency Policing the Oil Industry

"Members of the Rainforest Action Network, top, listened Tuesday at a Senate committee hearing as oil executives, middle, waited to testify before the Committee on Energy and Natural Resources"

Full article and photo at http://www.nytimes.com/2010/05/12/us/12interior.html

The New York Times
Wednesday, May 12, 2010

BP Oil Spill a Crude Awakening for Washington and Industry

Release Date: 
Tuesday, May 11, 2010

Contact: Ginger Cassady, Rainforest Action Network, 415.640.7155 (on-site cell)

Brianna Cayo Cotter, Rainforest Action Network, 415.305.1943

RBS under pressure as oil funding scrutinised

Hundreds of protesters across the country have demanded that the taxpayer-backed Royal Bank of Scotland stop using public money to extract tar sands.

Anti-poverty, human rights and environmental protesters hit out on the day of RBS's annual general meeting to highlight the negative impact of tar sands extraction on climate change and indigenous communities.

Simultaneous protests were organised by the World Development Movement and People and Planet in over 15 locations including London, Cardiff, Sheffield, Cambridge and Edinburgh.

Morning Star Online
Wednesday, April 28, 2010

Bank of America Decision to Stop Funding Mountaintop Removal a Victory for Appalachia and Anti-Coal Movement

Release Date: 
Wednesday, December 3, 2008

SAN FRANCISCO - Rainforest Action Network praised Bank of America today for its decision to phase out financing for companies that practice mountaintop removal coal mining, a highly destructive and controversial method of coal extraction. The announcement, part of a new coal policy released on the bank’s website, reads: “We…will phase out financing of companies whose predominant method of extracting coal is through mountain top removal.”

Protestors Tell Citi and Bank of America: "Not With Our Money, End Your Destructive Investments’"

Release Date: 
Saturday, September 27, 2008

CAMBRIDGE, MA - During the lunch rush at Harvard Square today, community groups, activists and students called on Citi and Bank of America to end the risky investment practices that are jeopardizing the homes and savings of American families, and threatening the global climate.

Freedom From Oil Campaigners Crash GM CEO’s Speech at San Francisco’s Commonwealth Club

Release Date: 
Thursday, May 1, 2008

SAN FRANCISCO–Activists with the Freedom From Oil Campaign interrupted General Motors CEO Rick Wagoner’s speech on green cars today at San Francisco’s Commonwealth Club, urging him to sign a pledge to make his company the auto industry’s fuel efficiency leader by 2012. Wagoner refused, just as he did at the 2006 Los Angeles auto show when asked to sign a similar fuel efficiency pledge.

UN Climate Chief Quits Post

UXBRIDGE, Canada, Feb 18, 2010 (Tierramérica) - Countries have largely failed to endorse the Copenhagen Climate accord by the Jan. 31 deadline. On Thursday, the key official in the United Nations climate treaty process announced his resignation.

There is no effective global climate treaty and the well-respected Yvo de Boer, executive secretary of the United Nations Framework Convention on Climate Change, who worked tirelessly for four years to facilitate an agreement, has had enough.

IPS News
Thursday, February 18, 2010

Dept. of Protests: Mountaintop removal edition


Editor's note: Yesterday, activists gathered outside of the EPA's Region III office at 16th and Arch to protest the truly hideous practice called mountaintop removal, in which coal companies literally dynamite mountains to gain easier access to the coal inside. We dispatched intern Emily Currier to the scene; she files this report:

Philadelphia City Paper
Tuesday, March 2, 2010

Aboriginal Groups Chastise Royal Bank Canada For Oil-Sands Role

TORONTO (Dow Jones)--Canada's First Nations peoples chastised Royal Bank of Canada (RY) for not doing enough to prevent "an environmental holocaust," at the bank's annual meeting in Toronto Wednesday.

Four aboriginal groups appealed to Canada's biggest bank to use its corporate heft and political influence to stop Enbridge Inc. (ENB) from building a 725-mile pipeline to carry oil from Alberta's tar sands through northern British Columbia to Kitimat, where it would be loaded on tankers for shipment to the U.S. west coast or Asia.

Wall Street Journal
Wednesday, March 3, 2010