VIDEO: To watch more of what happened yesterday at the Bank of America shareholder meeting in Charlotte, watch the clip at the bottom of this blog post. As I stood eye-to-eye with Bank of America (BofA) CEO, Brian Moynihan, a large stop-watch projected onto the wall of the conference room started to count down. I [...]
Continue reading...Tuesday, May 7, 2013
I’m in Charlotte this week to talk to Bank of America’s annual shareholder meeting. For the past two years, RAN has been calling on the bank to get serious about addressing climate change.This is a bank that declares a “commitment to positive environmental change” proudly on its website and a bank that has fanfared multi-billion [...]
Continue reading...Tuesday, April 30, 2013
A guest blog post by Reverend Billy, leader of the Church of Stop Shopping, an activist performance group based in New York City The Church of Stop Shopping returns to New York now, after a week in the Bay Area. A highlight: we launched the “Extinction Resurrection” campaign at the front doors and inside the big banks that finance climate disruption. [...]
Continue reading...Monday, April 29, 2013
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...Wednesday, April 10, 2013
A Guest blog-post by Yann Louvel, BankTrack‘s Climate and Energy Campaign Coordinator This week, Bloomberg published the results of its third annual ranking of the “world’s greenest banks”: Citi was ranked first, followed by Santander and JPMorgan. The study assesses banks based on their lending to clean-energy projects and reduction in their own power consumption [...]
Continue reading...Friday, March 29, 2013
Perhaps it’s the weather or our coastal position, the intellectual attitudes or revolutionary roots–this much is clear: there is no shortage of enthusiasm in Boston to expose Bank of America (BofA) as the #1 financier of U.S. coal and climate change. We are responding to the climate emergency and we are illuminating its economic, social [...]
Continue reading...Wednesday, February 6, 2013
Guest post by Bob Kincaid - Board Chair of Coal River Mountain Watch It is a historic day for Appalachia. Long one of America’s most neglected regions, Appalachia has suffered for years from abuses by the coal industry. Among the latest affronts are horrible health consequences outlined in a series of scientific papers detailing the diseases [...]
Continue reading...Thursday, January 31, 2013
This morning, Bank of America campus recruiters at the University of California (UC) at Berkeley who were working to recruit students into the bank’s internship program got a reality check about the Bank of America’s involvement in the financing of the coal industry. Early in the morning, about half a dozen UC students staged interventions [...]
Continue reading...Thursday, January 24, 2013
Did you hear? Rainforest Action Network is focused on the Bay State now. Massachusetts is home to several of Bank of America’s top executives, and if the company took a leadership role in addressing its financed emissions, other institutions would follow suit. Big banks are instead keeping the most polluting energy companies afloat – and [...]
Continue reading...Wednesday, January 16, 2013
We got the news this morning that Ken Salazar is stepping down as Interior Secretary. He won’t be missed by RAN. As head of the Department of Interior (DoI), Salazar had the opportunity to spearhead the transition to the clean energy future that we need to avert catastrophic climate change. To be fair, Ken did [...]
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Thursday, May 9, 2013
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