Nearly 30 major banks around the world (now including all 6 major US banks!) have concluded that funding new Arctic drilling — especially the Arctic Refuge, which Trump is recklessly trying to destroy — is far too risky and bad for business. #ProtectTheArctic #StandWithTheGwichin
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Here's my statement for
@SierraClub on@BankofAmerica's decision to join its peers in ruling out funding for Arctic drilling: https://www.sierraclub.org/press-releases/2020/11/bank-america-announcement-every-major-us-bank-has-ruled-out-funding-for …#ProtectTheArctic#StandWithTheGwichinpic.twitter.com/Ku6jpTWzUL
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Here's the statement from
@OurArcticRefuge executive director@bernademientief on@BankofAmerica's decision. Bernadette & the Gwich'in continue to fight tirelessly for their human rights & the land they hold sacred. https://www.sierraclub.org/press-releases/2020/11/bank-america-announcement-every-major-us-bank-has-ruled-out-funding-for …#ProtectTheArctic#StandWithTheGwichinpic.twitter.com/CxxPE5WMgL
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Important detail in the update to @LananhTNguyen's story — a commitment to "net-zero emissions by 2050" would be new for Bank of America. Morgan Stanley had been the only major US bank with that same pledge so far. That'll need some follow-up... https://www.bloomberg.com/news/articles/2020-11-30/bofa-says-it-won-t-finance-oil-and-gas-exploration-in-the-arctic …pic.twitter.com/ungpc7bYuD
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Now that every major US bank has ruled out financing for Arctic drilling, I take a quick look back at how we got here and what comes next in order to
#ProtectTheArctic and#StopTheMoneyPipeline:https://www.sierraclub.org/articles/2020/12/not-single-major-us-bank-now-willing-finance-arctic-drilling …Show this thread
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THIS IS EXTRAORDINARY
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THANK YOU
@BankofAmerica!!!!!!!!!!!!!!!!!Thanks. Twitter will use this to make your timeline better. UndoUndo
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All my relation.
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Is there a list of banks that *will* finance this? I'd like to start applying pressure now.
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Guessing J P Morgan will, they are the worst offenders re FF funding according to many reports, most recently one by Rainforest Action Networkhttp://www.ran.org
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BREAKING:
banks have moved to