It would have generated more than 67 million metric tons of global warming pollution each year — the equivalent of 20 coal plants.
It would have required 38 miles of mountaintop removal and damage thousands of acres of farm and forest land.
And the ACP would disproportionately harm poor, African-American and Indigenous communities all along the route. The plan included building an enormous fracked gas compressor stations in Union Hill — an African-American community of great historical and cultural significance in Virginia. And thirty thousand Native peoples live in the project area across North Carolina.
Farrell has proven himself to be a bad corporate executive. By relying on a business model built on extraction, environmental injustice, and political corruption, he cost ratepayers and shareholders billions of dollars. But instead of firing him after the entire ACP debacle came crashing down, Dominion promoted him!
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 Atlantic Coast Pipeline, like we have in the past
Dominion’s wrong – and we’re showing up online tomorrow right before the shareholder meeting to give them a piece of our mind. Can you join us?
So, tomorrow, before their shareholders meeting, we’ll gather online and make some noise telling Dominion and their shareholders that it’s time to divest from fossil fuels and the Atlantic Coast Pipeline. Join us tomorrow (May 6) at 8:30 am before the shareholders’ meeting on zoom to take action. Together we’ll post on social media, call executives and take online action! We’ll hear reports and briefings from experts and shareholder advocates and give you all the info and talking points you need.
From April 22-24, the 50th anniversary of Earth Day, millions of people around the world are going online for a three-day mobilization to stop the climate emergency. And on Earth day – Wednesday, April 22 – Bank of America is holding their Annual General Meeting (AGM) for Shareholders.
At 9am, we’ll meet up in a video-chat to sign letters, call Bank of America Executives, tweet at them, and leave reviews on their social media accounts! We’ll share a few memes – just for fun 😉 We’ll inform, educate, and welcome new activists!
BofA is ignoring science, public comment, and international law by continuing to fund the ACP and fossil fuels. And with every dollar they spend, they are driving all of us closer to climate catastrophe. Their funding of fossil fuels is also bad for business! With oil prices tanking, and fossil fuels in steep decline across the economy they’re wasting money and momentum that could be used to build a sustainable future.
During their shareholders meeting BofA is especially attuned to public and investor opinion. If we call them out on these destructive behaviors and encourage them to invest in renewables instead, we can make an impact!
February brought an old fight back to the fore – the fight to stop Keystone XL. Trump has been trying to build the pipeline, without success, since he was sworn in in 2017. So far court cases and local permits have kept him at bay – but we’re waiting for the moment when Trump’s fossil-fueled-authoritarian tendencies overwhelm those flimsy buffers and they simply begin lighting the fuse of this carbon bomb without proper permits and paperwork.
May also launched our campaign to get disaster relief for Puerto Rico. This became a recurring theme as Congress would appropriate money for disaster relief, but Trump would refuse to sign or disburse the money – IF, and this is a big if, the people helped by the funding were black, brown, or tended to vote for Democrats. Later in the year we broadened this campaign to include climate refugees from the Caribbean and eventually the whole global south.
Climate Strike! That was the big theme in September as we supported hundreds of Climate Strike events here in the US. Greta Thunberg asked the United Nations “How Dare You” and I personally buckled in as part of two beautifully troublesome actions.
So there you have it! A year in photos and images to illustrate all our work. You can also check out our previous post which covers more of the science and policy on how we’re ending 2019. Next week, after the New Year, I’ll write you a message about our plans for 2020 but you can be sure it will continue a few of these themes:
Holding corrupt Trump cronies like Wheeler and Bernhardt accountable;
Working as part of the global Climate Strike movement to demand bold action from our elected leaders;
Pushing US policy makers to adopt a bold, fossil-fuel-free Green New Deal; &
Bringing you great direct-action powered online campaigns at the local, state, and federal level to demand climate action.
April 10 – Charlotte NC and all over the Country protesting at Chase and Wells Fargo branches, in particular.
April 24 – Bank of America Shareholder meeting in Charlotte NC; and
May 7 – Dominion Shareholder Meeting Columbia SC
Lots more events are being planned – so stay tuned and drop us a line on Facebook, on Twitter, or right here on the good old fashioned website if you have an AGM/Shareholder meeting you want help planning!
In 2015, J.P. Morgan Chase CEO Jamie Dimon supported the Paris Climate agreement and pledged and investment strategy “consistent with a pathway toward low greenhouse gas emissions.” But the report shows he’s been anything but consistent. In fact, Chase is the number one bank investing in fossil fuels with $196 billion invested in coal, Arctic oil and gas, fracking, tar sands, and other fossil fuels ― in the last 3 years alone!
Lots of European banks like BNP Paribas and ING Bank have taken steps to limit their funding of new fossil fuel projects. But US Banks are continuing to spend $1.9 Trillion on new fossil fuel projects ― and what’s worse, their investment in climate chaos is actually increasing.
But if we act together, we can make a difference. The Dakota Access pipeline got $2.5 billion of its $3.8 billion in total funding from banks like Chase and Wells Fargo. Without those loans, they simply wouldn’t have enough money to build new pipelines, coal terminals or fracked gas facilities.
Thanks again for being one of the now more than 100,000 people worldwide (!) who have signed on to demand that the Equator banks stop funding climate disasters and respect indigenous rights. Now, it’s time to deliver:
Next week (October 23-25) there will be actions at local bank branches in various places in the world, and we want to show the strength of our numbers. Activists will be showing up at local bank branches, representing the greater audience holding banks accountable, and asking whether companies like Wells Fargo, JP Morgan Chase and others will follow BNP Paribas’ lead and #DivestTheGlobe.
PS – It’s not too late to invite friends to sign the petition! Share this link before Monday to make sure everyone’s comment is included in the delivery events: https://petitions.signforgood.com/EquatorBanksAct/?code=198m