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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.

Massey Energy, West Virginia Mine Owner, Draws Scorn on Wall Street

BofA Cutting Off Financing for Mine Operator; UBS Remains Large Lender

Massey Energy, owners of the West Virginia mine that exploded Monday, has drawn criticism for an array of safety violations and environmental issues over the years -- so much so that even some big Wall Street banks refuse to finance the Richmond, Va.-based company.

ABC News
Wednesday, April 7, 2010

Activists Send Message to Massey CEO Don Blankenship at the National Press Club: “Your coal is not Clean, Safe or Forever.”

Release Date: 
Thursday, July 22, 2010

CONTACTS:
Amanda Starbuck, 415.203.9952
Nell Greenberg, 510.847.9777

For hi-res photos go to: http://bit.ly/8XGpGi

Chevron Board Under Fire Over Ecuador Disaster at Shareholders Meeting

Release Date: 
Wednesday, May 26, 2010

Houston, TX – As a judgment looms in a monumental 17-year legal battle over oil contamination in Ecuador, affected communities and their allies are challenging Chevron’s Board of Directors to intervene in the company’s dead-end strategy of covering up its massive liability
 

Critics' annual report blasts Chevron

The corporate annual report - that glossy, seldom-read staple of the business world - usually features upbeat words and images showcasing a company's stellar year.

The "True Cost of Chevron" alternative annual report, in contrast, features a cover photo of an oil spill.

Released Wednesday by a coalition of Chevron Corp.'s fiercest critics, the report pillories the San Ramon oil company for pollution and alleged human rights abuses around the globe, in places as disparate as Ecuador, Burma, Texas and Richmond.

The San Francisco Chronicle
The San Francisco Chronicle
Thursday, May 20, 2010

Indigenous leader confronts Chevron

Emergildo Criollo traveled to California recently from his indigenous village in Ecuador to the home of Chevron’s new CEO John Watson and then to a meeting with state lawmakers, demanding that the oil giant Chevron “… take responsibility for their actions and clean up our rivers and forests – our homes.”

Indian Country Today
Indian Country Today
Wednesday, March 17, 2010

Exposed: Chevron's Cover-up of Gross Environmental Abuses in Ecuador

What is a lost culture? Is it just some intangible time before? Is it an economy? Can you inventory a lost culture in the number of lives lost or rivers polluted?

Alternet
Alternt
Monday, March 8, 2010

Líder indígena pide al nuevo presidente de Chevron reparar los daños en Ecuador

 

Washington, (EFE).- El líder indígena ecuatoriano Emergildo Criollo entregó en la sede de la petrolera estadounidense Chevron una carta firmada por 325.000 personas pidiendo al nuevo presidente que limpie los supuestos daños ambientales en la Amazonía que atribuyen a la compañía.

EFE
Wednesday, March 3, 2010
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