Coal Finance Case Study: Putting Communities and a World Heritage Site at Risk for a New Power Plant
As part of RAN’s work to call on banks to commit to the Paris Pledge and end financing for coal and coal-fired power prior to the Paris climate summit this…
Over 670,000 call on Ex-Im Bank to reject controversial Australian coal project
Abbot Point coal export terminal would harm Great Barrier Reef, worsen global climate change Photos from today’s petition delivery: http://bit.ly/1N2SjAu Washington, D.C.—Activists from a coalition of environmental groups delivered over…
BofA moves away from financing coal companies
“The Rainforest Action Network targeted BofA in 2011, saying the bank was strident in its support of coal mining. During that protest, the organization hung a ‘Bank of Coal’ banner…
Bank of America Curbs Financing of Coal Industry After Years of Activist Pressure
“The change follows years of activism targeting Bank of America for its leading role in funding the coal industry, including the controversial practice of mountaintop removal coal mining. The Rainforest…
BREAKING: Bank of America dumps coal mining in sweeping new policy
Bank once labeled “Bank of Coal” announces broad commitment scaling down financial involvement in coal mining globally Charlotte, NC—Bank of America unveiled a new global coal mining policy today committing…
Bank Of America Backs Away From Funding Coal Mining
“It’s a shift for one of the largest banks in the United States that has, at least in the past, been a big financier of coal projects. Environmental groups have…
B of A Chief Bends to Complaints of Investors, Environmentalists
“Environmentalists have spent the past four years pushing for such a change and they said B of A now has the strongest policy of its kind on climate change.‘It’s significant,’…
Bank of America’s New Policy to Limit Credit Exposure to Coal
“The bank announced its new coal policy at its annual meeting, saying it would cut back its lending to coal extraction companies and coal divisions of broader mining companies… Rainforest…
Billionaires Versus Big Oil
“The Rockefeller Brothers Fund and Stanford University are divesting from coal… The small amounts divested so far are unlikely to have any serious short-term impact on Big Oil or Big…
Preemptive Strike on EPA Emissions Rules: Can It Derail Obama Climate Plan?
“The new EPA rules, which were proposed last year, will require states to cut carbon emissions by 30 percent by 2030…Coal industry representatives now say that they will have to…