Posts Tagged with "JPMorgan Chase"

Extreme Coal – No Longer Business as Usual

Thursday, April 17, 2014

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Extreme Coal – No Longer Business as Usual

For the first time since we began publishing coal finance report cards five years ago, we have an encouraging trend to report: Major banks have begun making noise about the growing financial risk associated with climate change—and specifically associated with coal, the top global contributor to carbon pollution. On top of that, major banks have [...]

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Breakthrough: JPMorgan Chase Dropping Mountain Destruction

Sunday, April 13, 2014

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Breakthrough: JPMorgan Chase Dropping Mountain Destruction

This could be the tipping point for the horrific practice of Mountaintop Removal coal mining. Just this week, JPMorgan Chase updated its environmental policy, revealing that it will be ending financial relationships with Mountaintop Removal coal mining companies. Wells Fargo and BNP Paribas/Bank of the West have recently taken similar steps. If the other major [...]

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Coal India Threatens Communities and Forests

Thursday, August 22, 2013

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Coal India Threatens Communities and Forests

This summer, the RAN energy team has been casting our eyes around the globe and researching the impact that coal mining is having on deforestation. One of the regions that we are most concerned about is in India, where more than 1.1million hectares of forest are threatened by the expansion of open-pit coal mining. Open-pit [...]

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Seven of Bloomberg’s Top Ten “Greenest Banks” Are Climate Killers

Wednesday, April 10, 2013

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Seven of Bloomberg’s Top Ten “Greenest Banks” Are Climate Killers

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 [...]

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Wall Street Flees Wall Street

Monday, April 9, 2012

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Wall Street Flees Wall Street

Wall Street is scared shitless. They’d never admit it, but the way the big Wall Street banks are rapidly relocating their annual shareholder meetings from the concrete canyons of Midtown and lower Manhattan this shareholder season to points south, north and west means that fear is not only visible, you can smell it on them [...]

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Top 10 Dirty Corporate Tax Dodgers of 2011

Monday, April 9, 2012

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Top 10 Dirty Corporate Tax Dodgers of 2011

Two weeks ago it was announced that the U.S. has the highest corporate tax rate in the world sparking furious debate from Fox News types concerned about corporate well being. At RAN, we decided to dig a little deeper to see whether the corporate tax rate really is unfairly penalizing multi billion dollar corporations. Our [...]

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Join the Dirty Banks “Tour of Shame” at Powershift

Wednesday, April 6, 2011

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Join the Dirty Banks “Tour of Shame” at Powershift

Going to Powershift? Want to stop Big Coal and Big Oil? Aren’t you tired of how Wall Street literally gets away with murder? Then put a little “action” in your life with Rainforest Action Network (action is our middle name, after all.) Please join RAN and friends on Saturday April 16th at 1:00pm outside the [...]

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Offical Notice: Cease Financing Coal

Monday, March 14, 2011

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Offical Notice: Cease Financing Coal

To: Bank of America, Citi, JPMorgan Chase, Morgan Stanley, PNC and Wells Fargo: We regret to inform you that this bank is being put on Notice. Effective immediately you must begin to cease all financing of coal-fired power-plants and related infrastructure. The Rainforest Action Network, our supporters and allies, being inhabitants of this planet, do [...]

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Live from New York: At the Chase Shareholder Meeting

Tuesday, May 18, 2010

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Hello from New York, where I spent the morning at JPMorgan Chase’s annual shareholder meeting. It was a packed event. After a year of financial turmoil, from which Chase has emerged as the biggest US bank, people lined up to alternately express their confidence in CEO Jamie Dimon, or to slam the bank for profiteering [...]

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New Report Card Exposes Largest Financers of MTR Coal Mining

Thursday, May 13, 2010

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Today Rainforest Action Network, the Sierra Club and BankTrack issued a report card that ranks nine of the world’s largest banks on their financing of dangerous mountaintop removal (MTR) coal mining projects as well as their MTR lending policies. The report revealed that PNC, JPMorgan Chase and UBS received failing grades as the lead financiers [...]

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