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PNC recently released their 2011 Corporate Responsibility Report. Documents like this provide a window into how a bank thinks about its environmental and social impact. RAN has been paying close attention to PNC Bank and its approach to the energy industry for a couple of years, so I was eager to get my hands on [...]
Continue reading...Wednesday, August 17, 2011
A new poll released yesterday of likely voters in Kentucky, Tennessee, Virginia and West Virginia shows widespread opposition to mountaintop removal (MTR) coal mining and overwhelming support for enforcement of the Clean Water Act to better protect rivers and streams from the impacts of MTR. In a statement that accompanies the release, the pollsters said: [...]
Continue reading...Tuesday, June 7, 2011
Earlier this year, thousands of RAN supporters wrote to Deutsche Bank boss Josef Achermenn to urge that his bank cease financing mountaintop removal coal mining in Appalachia. Deutsche Bank have given us their first response, however… it’s a little dry. So I’m going to have a go at translating the ‘bankers-speak’ into plain English. Deutsche [...]
Continue reading...Thursday, June 2, 2011
“Mountaintop Removal? I prefer to call it Flat Land Enhancement” No, this isn’t another attempt by the coal industry to re-brand their egregious mining practices. It was Stephen Colbert’s response to Robert Kennedy Jr’s call for an end to the coal industry’s systematic destruction of Appalachia. Bobby Kennedy was on the Colbert Report last night [...]
Continue reading...Wednesday, May 25, 2011
I’ve been part of the movement to end mountaintop removal for five years now. In 2008, RAN and I helped organize blockade actions against Dominion Energy which was building a new coal fired power plant in Wise, VA. In 2009 and 2010, we worked in solidarity with Appalachian and direct action groups in southern West [...]
Continue reading...Tuesday, April 26, 2011
I hold no illusions about how much political power in the U.S. lies in corporate hands. That’s why, a few years ago, I started to acquire a portfolio of shares in a number of banking and energy companies. As a shareholder, I’m entitled to one opportunity each year to question CEOs and senior executives about [...]
Continue reading...Tuesday, April 5, 2011
Mountaintop removal is an American tragedy. Plain and simple. The practice destroys hundreds of Appalachian mountains, contaminates drinking water and sacrifices America’s communities for small seams of coal. That’s exactly what actress and RAN ally Susan Sarandon has to say in our new video on mountaintop removal coal mining: This week, hundreds have convened in [...]
Continue reading...Thursday, March 17, 2011
Research shows that carbon offsets aren’t working to reduce greenhouse gas emissions and stall global warming. That’s why RAN has founded the Climate Action Fund. In theory, a carbon offset is a reduction in emissions of carbon or greenhouse gases made in order to compensate for or to offset an emission made elsewhere. Rather than [...]
Continue reading...Wednesday, March 9, 2011
Addiction – noun \ə-ˈdik-shən, a-\: persistent compulsive use of a substance known by the user to be harmful. (Merriam-Webster) Citi has a problem. Despite renewing its vows in 2009 to tackle “Environmental and Social Risk Management,” including mountaintop removal coal mining, Citi is relapsing into fossil fuel addiction. Last year, Citi raised more than $34 [...]
Continue reading...Monday, February 7, 2011
Last week we got the news that Alpha Natural Resources had bought out Massey Energy, in a deal worth over $7 billion that creates the largest mountaintop removal coal mining company in Appalachia. Citi bank took the financial lead on this deal, a move that drew strong criticism. Here’s the transcript of a letter from [...]
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Poorest countries who contribute the least to problem hit hardest by #climate change. http://t.co/c1lCZEsk via @thenation #green
Monday, October 3, 2011
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