Bank of America: Now that Obama Made Me a Co-Owner, How about No More Coal?

Written by Scott Parkin

Topics: Coal

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Last Monday, hundreds rallied (with 44 arrested in a peaceful civil disobedience) in downtown Charlotte to tell Duke Energy “Stop Cliffside, No New Coal.” Charlotte’s other hometown company, Bank of America, is one of Duke Energy’s biggest financiers and gave them $200 million in January to build the new Cliffside coal plant and burn mountaintop removal coal.

cliffside-soli1

And not only is Bank of America financing Duke’s coal plant, but Bank of America has been the personal ATM for a lot of dirty energy expansion.

BUT, we’re all now owners of Bank of America. The U.S. taxpayers have given Bank of America over $25 billion in bailout funds and we need to tell them we don’t want that money going to the funding of coal and fossil fuel expansion.

Our Friends at SEIU are campaigning to get Bank of America CEO Ken Lewis fired. We’re joining them in taking back this economy for financial and environmental sanity.

On April 29, Rainforest Action Network, along with many allies from labor and economic justice groups, will be demanding that Bank of America use our tax dollars for responsible environmental and economic policy.

Join us on April 29th at the Bank of America Shareholder’s meeting in downtown Charlotte, NC.

WHAT: Protest Bank of America’s Annual Shareholders’ Meeting
WHERE: Blumenthal Performing Arts Center; 130 N. Tryon Charlotte, NC
WHEN: Wednesday, April 29 at 9am
CONTACT: Abigail Singer; abigailsinger@justice.com; 828-280-3462

2 Comments For This Post I'd Love to Hear Yours!

  1. Let me know what else I can do to help. Thanks for keeping us abreast of what is going one.
    J Meeker

  2. irwin zivitz says:

    In the cause of honesty and decency Kenneth should be forced to resign. The acquisition of Merrill Lynch and Countrywide were not in the best interest of shareholders. He approved the distribution of bonuses to Merril Lynch. Executive compensation is excessive in this economy.

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