Momentum is building against Citi and Bank of America’s coal investments. Anti-coal, clean energy politics rule these days and despite their millions invested in a green-washing public relations mechanism these two financial giants can’t get away the stigma of dirty energy.

-Citi and friends tried to finance TXU’s proposed 11 coal-fired power plants and saw a broad movement come out against them. TXU’s proposal went from 11 to 3 as private equity firms buying out the utility giant struck a deal with environmentalists to assuage criticism

-Bank of America’s support of coal companies like Massey Energy and Peabody have evoked the ire of anti-coal extraction movements. At Bank of America’s regional office in Asheville NC, Rising Tide activists locked themselves together in protest of the bank’s coal investments. A few weeks later, Mountain Justice Summer organized 22 actions around the country targeting Bank of America.

-Last week, we (Rainforest Action Network) announced a public campaign against both banks’ financing of the extraction, processing and combustion of coal.

For the past 6 months or more, we’d already been slamming both banks in the media, in the streets, on the internet and in our organizing. We’ve been inside their shareholder meetings, inside their green-washing award ceremonies and outside their investment conferences. The only difference about it now is that we’re very public about it.

We’re reminded of what Lyndon Johnson once said about Vietnam during his presidency–”It’s like being a hitch-hiker caught in a Texas hailstorm, you can’t run, you can’t hide and you sure as hell can’t make it stop.”

On Nov. 16/17, we’re having the No New Coal campaigns 1st day of action. Sign up here to join and participate.