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Financial companies are increasingly being recognized — by their clients, shareholders, regulators, and the general public — as climate actors, with a responsibility to mitigate their climate impact. For the banks highlighted in this report, the last year has brought a groundswell of activism demanding banks cut their fossil fuel financing, at the same time that increasingly extreme weather events have further underscored the urgency of the climate crisis. Nevertheless, the report reveals that the business practices of the world's major private-sector banks continue to drive us toward climate disaster.
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By Jan Zuckerman
A few weeks ago, I showed the world that I am not a criminal, despite having been arrested and charged with first-degree criminal trespass. In a five to one vote, a Multnomah County, Oregon, jury refused to convict me and four fellow activists in our historic trial for blocking tar sands oil trains entering Portland.
42 Nobel Laureates Urge Trudeau to Act With 'Moral Clarity' and Stop Climate-Wrecking Teck Frontier Mine
By Jessica Corbett
In an open letter to Canadian Prime Minister Justin Trudeau and Deputy Prime Minister Chrystia Freeland, 42 Nobel laureates implored the federal government to "act with the moral clarity required" to tackle the global climate crisis and stop Teck Resources' proposed Frontier tar sands mine.
'Overt Bastardization of the Truth': Valve Turner Listed as 'Extremist' by U.S. Government Faces Upcoming Trial
The Federal Court of Appeals in Canada ruled against its First Nations tribes in a unanimous decision, allowing expansion of the controversial Trans Mountain pipeline to proceed. The expansion will triple the amount of oil flowing from the Alberta tar sands to the Pacific coast in British Columbia, as the AP reported.
Internal documents from the Department of Homeland Security reveal that non-violent demonstrators targeting the oil industry were classified as "extremists," with some organization members listed alongside known white supremacists, as The Guardian reported.
By Jake Johnson
The Keystone pipeline spilled an unknown amount of crude oil across a quarter-mile area of northeastern North Dakota on Tuesday, the same day the Trump State Department held its sole public hearing on an environmental analysis of the widely opposed Keystone XL project.
For the past seven years, the Anishinaabe people have been facing the largest tar sands pipeline project in North America. We still are. In these dying moments of the fossil fuel industry, Water Protectors stand, prepared for yet another battle for the water, wild rice and future of all. We face Enbridge, the largest pipeline company in North America, and the third largest corporation in Canada. We face it unafraid and eyes wide open, for indeed we see the future.
By Jessica Corbett
Indigenous, environmental and landowner groups fighting to block the Keystone XL pipeline sent a letter Tuesday to the two dozen 2020 Democratic presidential primary candidates, urging them to take the "NoKXL pledge" and vow — if elected — to revoke the Trump administration's permit for the tar sands oil project.