PNC Bank’s Evolving Approach To The Energy Sector

PNC recently released their 2011 Corporate Responsibility Report. Documents like this  provide a window into how a bank thinks about its environmental and social impact. RAN has been paying close…

Shareholders Ask PNC Bank To Live The Green Dream

I hold no illusions about how much political power  in the U.S. lies in corporate hands. That’s why, a few years ago, I started to acquire a portfolio of shares…

VIDEO: Mountaintop Removal is an American Tragedy

Mountaintop removal is an American tragedy. Plain and simple. The practice destroys hundreds of Appalachian mountains, contaminates drinking water and sacrifices America’s communities for small seams of coal. That’s exactly…

Citi Needs an Intervention

Addiction – noun ə-ˈdik-shən, a-: persistent compulsive use of a substance known by the user to be harmful. (Merriam-Webster) Citi has a problem. Despite renewing its vows in 2009 to…

Dear Citi: You Have a Responsibility

Last week we got the news that Alpha Natural Resources had bought out Massey Energy, in a deal worth over $7 billion that creates the largest mountaintop removal coal mining…

New UBS Policy Fizzles

‘Tis the season for new bank environmental and social policies! Last Friday, UBS was the latest to announce an updated “Responsible Banking” policy. Let’s see how it stacks up. First…

Goodbye Massey and Thanks For Nothing

After months of speculation, Massey Energy, the most controversial coal mining company in the USA, is no more. On Saturday Alpha Natural Resources announced that it had bought out the…