Tuesday, April 12, 2011

Is your bank financing climate change?

We're all for shorter showers, eating less meat, bringing a re-usable bag or cup around and taking public transit, but as previous blog posts have indicated, eventually we're going to have to come together and create a movement that demands some changes from the powers that be.

One place to demand action from is our banks. According to Sourcewatch, Bank of America is one of the largest investors in the coal sector, and coal, of course, is a nasty pollutant and contributor to climate change.

You can find a nice summary about actions to get Bank of America and Wells Fargo to divest from coal here:

Using the banks' own policy statements, the Rainforest Action Network and the Sierra Club, have prepared the "2011 Report Card on Banks and Mountain Top Removal". See for yourself if anyone gets an A or a B, and who gets C's and F's.

I don't know about you, but last time I checked, mountains were not for blowing up. We, as bank customers, should be doing what we can to improve our banks grades. It's our money after all.

No comments:

Post a Comment