16 Apr '18, 4pm

Memo: US Commercial Banks In For a Spring of Fossil Fuel Resistance

Activities are being planned by the “Stop ETP” coalition of groups in coordination with the Pueblo Action Alliance, Red Nation, 350 New Mexico, Sierra Club Rio Grande Chapter, and other New Mexico-based groups. The Stop ETP coalition includes Oil Change International, Earthworks, Indigenous Environmental Network, Waterkeeper Alliance, and a collection of local groups fighting Energy Transfer Partners (ETP) pipelines across the country. The coalition’s demand is for US Bank to live up to its existing commitment to stop financing oil and gas pipeline projects. US Bank CEO Andrew Cecere pledged to end project financing for the construction of oil and gas pipelines at last year’s shareholder meeting. Since that time, US Bank has raised more than $2 billion in corporate financing for companies building pipelines.

Full article: https://www.sierraclub.org/press-releases/2018/04/memo-us...

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