Rainforest Action Network Statement on EPA Clean Air Mercury Rule
SAN FRANCISCO—The federal Environmental Protection Agency announced a much anticipated mercury air pollution rule update today, the Mercury and Air Toxic Standards (MATS) which could result in significant changes to the operation of outdated coal-fired power plants across the U.S..
Yesterday, Alpha Natural Resources, the parent company of the Massey Energy coal company, agreed to pay $209 million in criminal penalties, civil penalties, and compensation to the families of the 29 miners who were killed when its Upper Big Branch coal mine in West Virginia exploded on April 5, 2010. The company was also fined an additional $10.8 million yesterday by the U.S. Mine Safety and Health Administration -- the largest fine in that agency’s history.
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.
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.
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.