Banks and insurance companies use your money to invest in the largest fossil fuel buildout of our lifetimes: methane gas expansion along the U.S. Gulf Coast.

These facilities need three things to be built: money, insurance, and permits.

Without funding or insurance, these terminals can’t happen — that’s why pressuring financial institutions is so crucial.

The Gulf is Not A Sacrifice Zone

Right now, there are 20+ planned methane (aka liquefied “natural” gas or LNG) export terminals slated across Louisiana and Texas, a region that’s already overburdened with the impacts of the petrochemical industry, extreme weather, and not to mention, six operating terminals that already will overshoot global LNG demand projections.1

This expansion will devastate the communities, health, water, resources and landscape of the Gulf Coast and our shared climate.2

Stop CP2!

CP2 (and neighboring CP3 and Plaquemines LNG) is a new terminal planned for Southwest Louisiana. In August 2025, just weeks into construction, large amounts of dredging sludge overflowed into fragile ecosystems and public waterways that are the lifeblood of the local seafood industry, devastating the livelihoods and human rights of small scale commercial fisherfolk.3 This kind of impact is exactly what experts and frontline communities have warned about CP2 for years. CP2 isn’t even operating yet and it’s already hurting communities.4

When banks and insurers back these projects, it’s the local communities that bear the costs to their health, wellbeing, and future.

Plus, building new export terminals will only increase electricity costs for everyone,5 while corporations rake in profits now – but, even they face a long-term losing bet with gas market volatility.6

Solidarity is a real climate solution.

Join us in demanding banks and insurers listen to communities and stop supporting CP2 – and all LNG expansion.

Take Action

The science is clear: No New LNG

From the experts

  • International Energy Agency (IEA) 2025 Energy Outlook: “Many of the LNG projects currently under construction are no longer necessary” in a pathway that limits global heating to 1.5˚C.
  • Intergovernmental Panel on Climate Change (IPCC): “There is a rapidly closing window of opportunity to secure a liveable and sustainable future for all.”

Our climate simply can’t afford any more investment in fossil fuels.

The industry touts LNG as a “bridge fuel” to sustainable energy systems but methane is 80 times more potent at trapping heat than carbon dioxide over a 20 year period,7 and each new terminal could lock us into decades more reliance on fossil fuels.8 This pollution has got to stop.

Just CP3 – the largest proposed terminal – would release the equivalent annual emissions of 77 coal plants.9

People Over Profits

Climate change isn’t just a carbon problem—it’s an economic problem. Banks and insurance companies want you to think they’re reliable. But if they invest your savings into fossil fuels, that’s money in the next weather disaster to hit your pocketbook. Banks charge big fees when they close a deal with a company, they instantly reap short-term profits while passing the risks and costs onto people trying to make an honest living.

Meanwhile, we’re in the midst of an insurability crisis: insurers collect huge premiums from fossil fuel companies,10 raking in big profits while claiming they lack the reserves to cover your home or business.11 What happens when you can’t afford your insurance?

With just a few years left to limit the worst impacts of extreme weather — it’s past time these institutions use their power to support a just transition to independent renewable energy systems. They may be big but these companies can change — we’ve seen it. And that’s where you come in.

You’ve been told you’re just one person, but when we work together we can and have made great change. Fierce pressure from frontline organizers, climate activists, and allies like you has led to banks and insurers cutting ties with other terminals. With your help, we’ll get these companies to see that CP2 and all methane expansion is not worth the risk.

Together, we can challenge corporate power, stop the biggest fossil fuel buildout of our lifetimes, protect the Gulf, and defend communities!

Solidarity is a real climate solution.

Join us in demanding banks and insurers listen to communities and stop supporting CP2 – and all LNG expansion.

Take Action
References
  1. https://www.ran.org/climate-breakdown/doubling-down-on-sinking-ground-the-financial-risks-of-us-gulf-coast-lng-export/
  2. Nolan, D. (2024, September 3). ‘I want out’: how a natural gas project along the Gulf coast is upending residents’ lives. The Guardian. https://www.theguardian.com/us-news/article/2024/sep/03/gas-pollution-gulf-coast-ventura-global-lng
  3. https://www.ran.org/climate-breakdown/tokio-marine-receives-human-rights-grievance-over-venture-global-operations/
  4. https://gasoutlook.com/analysis/dredge-operation-near-venture-globals-cp2-spills-into-fish-habitat/
  5. https://www.energy.gov/sites/default/files/2024-12/LNGUpdate_SummaryReport_Dec2024_230pm.pdf
  6. https://www.ran.org/climate-breakdown/doubling-down-on-sinking-ground-the-financial-risks-of-us-gulf-coast-lng-export/
  7. Importance of methane | US EPA. (2025, March 3). US EPA. https://www.epa.gov/gmi/importance-methane
  8. https://www.eia.gov/todayinenergy/detail.php?id=67264
  9. US LNG Export Tracker. (n.d.). Sierra Club https://www.sierraclub.org/dirty-fuels/us-lng-export-tracker
  10. https://global.insure-our-future.com/wp-content/uploads/sites/2/2025/09/IOF_MonteCarloBriefing_090225_Digital.pdf
  11. https://truthout.org/articles/insurers-are-abandoning-homeowners-over-wildfire-risk-but-investing-in-big-oil/