Today, RAN, Sierra Club, and BankTrack launched our 2013 Coal Finance Report Card. This year’s report, entitled “Extreme Investments: U.S. Banks and the Coal Industry” evaluates the largest U.S. banks in terms of their financing of companies engaged in coal extraction, transport, and combustion. As our title indicates, coal has become an extreme investment. Long [...]
Continue reading...Thursday, December 22, 2011
As the holidays draw near I’m raising a glass to all of you RAN activists, because—along with hundreds of thousands of clean air advocate allies—you stood up and asked the Environmental Protection Agency to protect our environment and our bodies from toxic pollutants. EPA Administrator Lisa Jackson announced the first-ever Mercury and Air Toxics Standards [...]
Continue reading...Friday, September 23, 2011
RAN is challenging the largest U.S. banks to address their financing of coal power and we’re concerned that they are falling behind their European competitors. Last week, French banking giant BNP Paribas released its new corporate social responsibility (CSR) policy on coal power. (Those of you who enjoy reading bank statements can check out the [...]
Continue reading...Friday, May 20, 2011
Last night’s edition of John Stewart’s The Daily Show featured EPA Administrator Lisa Jackson explaining why we need to clean up coal-fired power plants. Her reason is pretty compelling (you can watch below): “Mercury’s a neuro-toxin, it destroys our children’s brains, oftentimes before they’re born. These standards are estimated to prevent 17,000 premature deaths and [...]
Continue reading...Wednesday, May 14, 2008
Environmental activists from six states -Michigan, Nevada, Georgia, Texas, Iowa, and Illinois – converged today to urge the Houston-based Dynegy corporation to halt construction on its six proposed coal plants. Outside the meeting 100 activists rallied to speak truth to Dynegy’s power. 40 activists from Georgia, Texas and Alabama staged a “die-in” inside the Westin [...]
Continue reading...Friday, March 28, 2008
How often do you get to witness a band of activists deploy a direct action and successfully pressure the CEO of a corporation into agreeing to their demands – before the police even arrive on the scene? On Friday afternoon, student activists with Ohio Student Environmental Coalition and members of Mountain Justice occupied the lobby [...]
Continue reading...Monday, February 11, 2008
Over the weekend, 70+ students from 9 colleges and universities in Ohio gathered in Columbus at Ohio State University to develop a network of student activists, coordinate cross-campus campaign activities and participate in an action to stop development of new coal-fired power plants in Ohio. It was incredibly inspiring to watch these students come together [...]
Continue reading...Monday, February 4, 2008
So, big news on Wall Street today regarding coal and our climate. Three of the largest investment banks (Citigroup, Morgan Stanley, and JP Morgan Chase) announced the formation of the “Carbon Principles” – a set of guidelines the banks will follow when lending money to carbon-intensive projects, such as coal-fired power plants. While the banks [...]
Continue reading...Wednesday, November 7, 2007
A couple of weeks ago the Sierra Club reported that the No Coal movement has collectively stopped or held up 60 coal-fired power plants due to environmental concerns. Today there are reports of yet another grassroots victory! Voters in Wiscasset, Maine, on November 6, 2007 defeated a ballot initiative that would have allowed a 700 [...]
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Monday, April 29, 2013
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