State and local pension funds – the retirement savings of people like firefighters, teachers and cops, among others – own most of the stock market, and are among the biggest investors in fossil fuels. If you add up all the pensions and public investments managed by cities, states and communities it’s hundreds of billions of …
Dirty, dishonest, Dominion Energy – the principal company backing the Atlantic Coast Pipeline – is holding their annual shareholders meeting (AGM) online tomorrow, May 6. They hope that because the meeting is online this year, due to the pandemic, that we’ll stay home and not pressure them to stop investing in fossil fuels, especially the …
Read more “Dirty, Dishonest Dominion can’t duck divestment online”
2020 is shaping up to be the year of Divestment, and today is a great day to join in the fun! Right now, students at more than 50 college and university campuses are taking action today for Fossil Fuel Divestment Day and online using the hashtags hashtags #fossilfueldivestmentday & #F2D2. They’re taking a stand and …
We had a busy 2 days of action targeting dirty, dishonest, Dominion Energy at their shareholder meeting in Columbia SC this week. Check out the reportback video on all our actions, or scroll down to read an account of the more than 5 hours of meetings, speeches and actions. Once you see all the stuff …
All week we’ve been glued to the news – not the news from Helsinki (well, ok, that too) but the news from Louisiana where our friends fighting the Bayou Bridge Pipeline are entering a critical phase of the campaign. In case you need a refresher, the Bayou Bridge Pipeline (BBP) is the tail end of …
Read more “Rise together – Divest, no new pipelines, clean energy now.”
I’ve got more good news this week: French Mega-bank BNP Paribas announced this that it’s cutting its funding for extreme oil and fracked gas projects in the US and Canada. While we (and our friends in France) will need to monitor the implementation and details, the news is REALLY GOOD. Specifically: BNP Paribas will not fund new …
Read more “Big French Bank Defunds Pipelines – Sign now to #DivestTheGlobe”
Every spring, publicly-traded banks and investors hold their annual Shareholder meetings. For years, 198 methods and our allies in the Stop the Money Pipeline Coalition have shown up to these shareholder meetings to demand they stop investing in fossil fuels and the climate crisis. This year, we’re turning up the pressure with a big day …
Read more “This shareholder season, send a message the big banks and investors can’t ignore.”
We’ve told you heart breaking stories about the Big Four Fossil Banks — Bank of America, Chase, Citibank, or Wells Fargo — for years. The simple truth is that these banks are cheating on you with fossil fuels. While you sleep, thinking you’re a good person for saving money and paying your credit card bill …
Last year, Bank of America committed to achieving “net zero emissions by 2050.” And earlier this month, they announced 2030 targets to reduce the emissions “intensity” from its investments. But the truth is that between 2016 and 2021, Bank of America provided $232 billion in lending and underwriting to the fossil fuel industry. That makes …
Read more “Show up to tell Bank of America to stop banking on pollution and climate chaos.”
*Update* For the next eight weeks we’re taking the fight to the shareholder meetings of every major US bank and several major insurance companies. This is a real opportunity for change, because every single shareholder meeting will have a vote on whether or not to end support for fossil fuel expansion. If you want to …
Read more “Wall Street’s Moment of Truth: Defund Climate Chaos”