Posts Tagged with "mountaintop removal"

I’m Visiting Barclays Bank and I Need You to Back Me Up

Wednesday, April 23, 2014

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I’m Visiting Barclays Bank and I Need You to Back Me Up

This is a guest post by Paul Corbit Brown, president, Keeper of the Mountains. Tomorrow, I’m visiting Barclays and I need you to back me up. In 2013 Barclays gave $550 million in financial support, more than any other bank, to companies destroying my home of central Appalachia with mountaintop removal coal mining (MTR). That’s [...]

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Barclays: The Biggest Banker of Mountaintop Removal Coal

Monday, April 21, 2014

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Barclays: The Biggest Banker of Mountaintop Removal Coal

This year’s grades for the banks that finance the worst coal companies are in, and they’re not pretty. Financing companies that use mountaintop removal (MTR) coal mining practices puts communities, the environment, and bank shareholders at risk. But last year, several banks continued to hand billions of dollars to top producers of mountaintop removal coal–earning [...]

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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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Resisting Exxon and Peabody’s Dark Age

Thursday, April 10, 2014

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Resisting Exxon and Peabody’s Dark Age

Forget the reign of Tywin Lannister and his bloodthirsty brood of children, grandchildren and henchmen raping and pillaging their way through the fantastical land of Westeros while hapless Starks are beheaded and scattered to the winds. Our own world’s fate is similarly imperiled by the fossil fuel empire’s own game of thrones, power and profit [...]

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5 Ways Our Network Is Saving the Planet

Wednesday, February 12, 2014

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5 Ways Our Network Is Saving the Planet

Dear friends, Early in the New Year, I received a text concerning my two nieces that read, “We are all safe but leaving town—state of Emergency declared in Charleston as a result of coal chemical spilled into river.” Although I’m very aware of the impacts coal has on the health of people and planet, the [...]

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Investor Summit: Bank of America puts our Climate at Risk

Wednesday, January 29, 2014

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Investor Summit: Bank of America puts our Climate at Risk

This post is by Yann Louvel, BankTrack Climate and Energy Campaign Coordinator. Earlier this month, Bank of America participated in the 2014 Investor Summit on Climate Risk as the “convening sponsor” of the event. While there was a lot of talk about the urgency of the problem of tackling climate change, there were a few things the [...]

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Why You Should Give A Sh*t That Water In West Virginia Is Contaminated

Wednesday, January 22, 2014

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Why You Should Give A Sh*t That Water In West Virginia Is Contaminated

As I wrote last week, my two nieces live in Charleston, WV. Although their water has now been cleared as “safe,” they continue to have no clean water to drink. So, as you can imagine, I’m pissed. But there are a few reasons why I’m pissed. And it didn’t start with the unbelievable quote from [...]

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West Virginia Chemical Leak Poisons 300,000 Peoples’ Water Supply

Monday, January 13, 2014

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West Virginia Chemical Leak Poisons 300,000 Peoples’ Water Supply

Since last Thursday’s toxic spill, when a coal-processing chemical spilled into West Virginia’s Elk River, roughly 300,000 people have lost access to tap water. Our friends at groups like OVEC, Keepers of the Mountain, Coal River Mountain Watch and Aurora Lights are volunteering and working long days to  drive clean water supplies to desparate and [...]

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Banking on Coal: New BankTrack Report Highlights Bank Complicity in Global Coal Mining Boom

Thursday, December 12, 2013

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Banking on Coal: New BankTrack Report Highlights Bank Complicity in Global Coal Mining Boom

“Most innovative investment bank for climate change.” – Citigroup “Mak(ing) your life greener and help(ing) tackle climate change.” – Morgan Stanley “Financing a low carbon economy.” – Bank of America When banks tout slogans such as these, you might expect them to mean that they plan to phase out financing for coal, the single largest [...]

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