CHARLOTTE, NC—Today, eight people were arrested protesting Bank of America’s reckless financing practices, including the banks role as the lead financier of coal. Two people were arrested after unfurling a banner reading “Not with Our Money” from atop two 50-foot flagpoles at the entrance of Bank of America’s headquarters in downtown Charlotte. Six more were arrested below: two while supporting the climbers, and four while blocking the main entrance to the bank’s headquarters.
WASHINGTON—Today, the Obama Administration requested a 12-18 month review for the Keystone XL pipeline, dealing the project a critical, and potentially fatal, blow. The controversial project has seen rising opposition from landowners and environmentalists including a 12,000-person protest at the White House just last Sunday.
Rainforest Action Network Executive Director, Rebecca Tarbotton, issued the following response:
Today Rainforest Action Network (RAN) urged the City of San Francisco to cut ties with Bank of America, calling for the city to review its contracts with Bank of America next spring when the city re-opens bidding for its service agreements. As the Occupy movement exposes the current public anger with banks, Bank of America has risen as one of the most distrusted in the country.
One day in early September, some dozen Democratic activists showed up at the Washington state headquarters of Obama for America, the President’s re-election campaign organization in Seattle. They cornered the state director, Dustin Lambro, and called on the President to block TransCanada’s proposed Keystone XL pipeline that would bring crude oil from the Alberta oil sands through the U.S. Midwest to refineries on the Gulf Coast of Texas, potentially doubling exports of oil sands crude to the U.S. “It’s not an issue I know much about,” Lambro said. So the activists gave him an earful.
Marathon Sponsor Accused of Financing Pollution of Chicago’s Air
CHICAGO—This weekend when 45,000 runners join the Bank of America-funded Chicago marathon, the route will take them past one of the city’s dirtiest and most controversial coal plants, the Midwest Generation Fisk plant, which is also financed by the bank. The environmental group Rainforest Action Network has found that just last year Bank of America provided $66 million in financing to Edison International and its subsidiary Midwest Generation.
SAN FRANCISCO— Bank customers around the country have an opportunity to show their discontent with the big banks by pledging to close their Bank of America accounts as part of a new effort launched today from Rainforest Action Network. The ‘not one more dollar’ pledges will be bundled—much like the big banks packaged mortgages for sale—and presented to Bank of America executives in protest of the bank’s funding of coal, the country’s number one contributor to climate change. (1)
Canadian actresses Margot Kidder and Tantoo Cardinal were among dozens of environmental activists arrested Tuesday during a sit-in at the White House to protest plans for the 2,700-kilometre Keystone XL pipeline.
Kidder and Cardinal joined about 60 people who were detained after violating a protest permit by stopping and sitting on the sidewalk in front of the White House on Pennsylvania Avenue, then ignoring police orders to leave.
A controversial proposal to build a giant oil pipeline between Alberta, Canada, and Texas cleared a key hurdle Friday as the State Department said the project could be built without significant damage to the environment.
Known as Keystone XL, the 1,700-mile pipeline has drawn fierce criticism from environmentalists, who are staging a two-week demonstration at the White House. So far, some 370 people have been arrested for protesting the project.