Durban, South Africa—Today, as world leaders gather in Durban to discuss solutions to global climate change, an international coalition of civil society and environmental organizations released a new study, “Bankrolling Climate Change,” highlighting the top 20 banks that finance the coal industry. The study examines commercial banks’ lending for the coal industry and provides the first comprehensive climate ranking for financial institutions. The study finds JPMorgan Chase, Citi and Bank of America to be the top three banks in the world financing climate change.
Four days after the April 5, 2010 explosion at the Upper Big Branch Mine in West Virginia, the 300 family members keeping vigil finally learned that the last of the missing miners had been found and there were no survivors among them. The explosion killed 29 men, and severely injured one. The mine was run by Performance Coal Company, a subsidiary of Massey Energy. Massey's Chairman Bobby R.
Bank of America, already a target of the 99 Percent Movement for its attempts to levy a $5-a-month fee on debit cards and other practices, is now under fire from environmental activists who want it to stop financing the coal industry and destructive mountaintop removal practices.
CHARLOTTE, NC (WBTV) - Eight protesters were reportedly arrested in uptown Charlotte on Tuesday morning after they climbed flag poles in front of Bank of America with a banner that said "Not with our money."
According to the Rainforest Action Network, eight people were arrested on Tuesday for protesting what they call "reckless financing practices" from Bank of America.
Amid chants of "Bank of America, bank of coal," eight protesters were arrested Tuesday morning outside the Charlotte bank's corporate headquarters.
The protesters were affiliated with the local chapter of the Rainforest Action Network and demanded an end to the bank's financing of coal-related operations. Members of the Occupy Charlotte movement joined in and were among those arrested, organizers said.
Will Chevron avoid paying oil spill fines in Brazil as it is doing in Ecuador Amazon case?
SAN FRANCISCO- Brazil's environmental agency said Monday it will fine Chevron nearly $28 million for a continuing oil spill off the Rio de Janeiro coast, and that the company could face several more similar fines in the coming days. Chevron, which has admitted responsibility for the November 7 spill, continues to face political backlash in Brazil for misleading statements about the size of the spill and its containment.
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.