Coal Newsroom

Coalition Protests Ambre Energy’s Push for Coal Exports

Release Date: 
Wednesday, February 23, 2011

Opposition to Dirty Energy Rises in Lead Up to Tim DeChristopher Trial

New Report Finds Bank Carbon Principles Did Not Curb Financing of Coal

Release Date: 
Thursday, January 20, 2011

San Francisco—Today Rainforest Action Network (RAN) released The Principle Matter: Banks, Climate & The Carbon Principles, a new report assessing the impact of the much-lauded 2008 Carbon Principles signed by six of the country’s leading banks. In reviewing bank investment from January 2008 to June of 2010, the report found that there is no evidence that the Carbon Principles stopped or slowed financing to carbon-intensive projects. In addition, the report found that there is no evidence that the Carbon Principles spurred investment in clean energy in greater levels.

Rainforest Action Network Statement on EPA Veto of the Spruce Mine Permit

Release Date: 
Thursday, January 13, 2011

FOR IMMEDIATE RELEASE

Contact: Amanda Starbuck 415-659-0510

Rainforest Action Network Statement on EPA Regional Administrator Recommendation to Veto Spruce Mine Permit

Release Date: 
Friday, October 15, 2010

SAN FRANCISCO – Today, the U.S. Environmental Protection Agency’s regional administrator, Shawn Garvin, has recommended that his agency veto the Clean Water Act permit for the Spruce No. 1 Mine in Logan County, West Virginia. The Spruce mine is one of the largest mountaintop removal mines ever proposed in Central Appalachia, and would result in the destruction of 2,278 acres of temperate rainforest and the burying of 7.5 miles of streams in the Spruce Fork sub-watershed.
 
Following is a statement by Amanda Starbuck of the Rainforest Action Network (RAN):
 

More than 100 Arrested at White House Demanding End to Mountaintop Removal

Release Date: 
Monday, September 27, 2010

Contact: Nell Greenberg: 510-847-9777

Photos: Rally, White House Sit In, PNC Bank Sit In

Thousands Call on Obama Administration to End Mountaintop Removal

Release Date: 
Monday, September 27, 2010

Matthew Sherman: 740-601-1593
Nell Greenberg: 510-847-9777

Live action updates: Twitter @App_Rising and @ran, Free print quality photos avalible here.
You Tube video here.

Activists Stage Creative Demonstration at EPA Headquarters: Call for Agency to Veto Controversial Spruce Mine Permit

Release Date: 
Monday, September 13, 2010

CONTACTS:
Amanda Starbuck, 415 203 9952
Nell Greenberg, 510-847-9777

Hi-res photos & Video B-Roll
Follow @dirtyenergy for live twitter updates of today’s event

Banks Make a Shift Toward Greener Lending

Blasting off mountaintops to reach coal in Appalachia or churning out millions of tons of carbon dioxide to extract oil from sand in Alberta are among environmentalists’ biggest industrial irritants. But they are also legal and lucrative.

Banks Make a Shift Toward Greener Lending
New York Times
Tuesday, August 31, 2010

Banks Toughen Lending Rules to Coal, PNC & UBS Still Bucking the Trend

“We’re the greenest bank in the business,” claims Pittsburgh, Pennsylvania-based PNC bank (PNC:US) on its web site. “We’re a company committed to lighting the path to a greener way of doing business and a greener way of life.”

Banks Toughen Lending Rules to Coal, PNC & UBS Still Bucking the Trend
Solve Climate
Friday, August 27, 2010

Wall Street Backs Away From Mountaintop Removal Coal Mining

Release Date: 
Wednesday, August 11, 2010

SAN FRANCISCO—Within the last two years, Bank of America, Citi, JPMorgan Chase, and Wells Fargo along with Credit Suisse and Morgan Stanley have successively passed public policies limiting their financial relationships with coal operators that practice mountaintop removal (MTR) coal mining. These banks were the lead financiers of the practice prior to their policy shifts. Last month, Wells Fargo became the fourth top US bank to adopt a position limiting MTR financing.

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