Washington, DC — This Earth Day, activists will turn up the heat on Wall Street through mass online actions. Earth Day Live, the three-day online Earth Day celebration, will dedicate an entire day — Thursday, April 23 — to “Divest,” a day-long push to end the financing of climate destruction. Programming for the day is […]
Author Archives: Stop the Money Pipeline
16
Apr
Apr
The coal industry is bankrupt and the fracking industry is a house of cards built on bad loans that are starting to go belly up. With a rampant public health crisis on our hands in COVID-19 and the fossil fuel industry in terminal decline, now is the time for banks, insurance companies, and asset managers […]
14
Apr
Apr
April 9, 2020, Hartford, CT – Connecticut Citizen Action Group, Sierra Club Connecticut, and 10 other Connecticut organizations, released “Connecticut Insurers: Ensuring the Climate Crisis” spelling out how the Connecticut insurance industry is ensuring climate change by continuing to underwrite fossil fuel projects and invest in fossil fuels. “Climate change will have a massive impact […]
11
Apr
Apr
NEW YORK, NY — The news that major U.S. banks like JPMorgan Chase are preparing to ask regulators to allow them to take direct ownership of oil and gas companies should ring major alarm bells on Capitol Hill and across the nation, according to organizations with the Stop the Money Pipeline coalition. On Thursday evening, […]
Blog post, In The News
WATCH: CEO goes off on hedge funds, billionaires begging for a bailout, “Let them fail.”
10
Apr
Apr
Social Capital CEO Chamath Palihapitiya discusses his view of the markets amid the coronavirus pandemic on CNBC’s “Halftime Report”, April 9, 2020. Watch the full interview on CNBC Now watch the Remix! In a time of universal deceit — telling the truth is a revolutionary act go off, comrade ✊ (all hail .@Alex_Danco […]
10
Apr
Apr
NEW YORK, NY — The news that major U.S. banks like JPMorgan Chase are preparing to ask regulators to allow them to take direct ownership of oil and gas companies should ring major alarm bells on Capitol Hill and across the nation, according to organizations with the Stop the Money Pipeline coalition. On Thursday evening, […]
Uncategorized
JPMorgan Chase, Citi and Canadian Peers Endorse TC Energy’s Reckless Decision on Keystone XL
03
Apr
Apr
Big Banks Lead Multi-Billion Dollar Bond Issuances Days After Company Pushes Pipeline Forward Amid Global Pandemic CONTACT: Laurel Sutherlin, 415.246.0161, laurel@ran.org On Tuesday, March 31, TC Energy announced its decision to move forward with the controversial Keystone XL tar sands oil pipeline — despite active legal challenges, a lack of required permits, and without the free, […]
03
Apr
Apr
Washington, D.C. — Stop the Money Pipeline, a coalition of over 90 organizations working to end the financing of climate destruction, are warning that an upcoming visit of oil CEOs to the White House on Friday cannot lead to a public bailout of the fossil fuel industry. See quote sheet below. Republican senators are also […]
27
Mar
Mar
The public should not pay for banks’ risky bets on oil and gas Washington, DC — The Commodity Futures Trading Commission’s (CFTC) decision to grant Capital One a waiver for its commodity swaps with oil and gas companies sets a dangerous precedent, according to members of Stop the Money Pipeline, a coalition of organizations aimed […]
Press Release
Stop the Money Pipeline Announces Plan for “Earth Day Live,” A Digital Mobilization to Demand Climate Action
24
Mar
Mar
Washington, DC — As the coronavirus pandemic upends life in the United States and makes public rallies and protests impossible, Stop The Money Pipeline, alongside the Youth Climate Strike Coalition is announcing Earth Day Live, a three-day innovative and interactive livestream to address another global crisis threatening humanity: the climate emergency. “The fights against the […]