Defund Disaster!
Defund Disaster!

deepwater-horizon

We kicked off Defund Disaster with Defund DAPL in January, in partnership with MazaskaTalks.org. We had our first big win in early February. Not bad…but it’s only a start.

Last December, for the first time in history, the world’s nations agreed to limit global warming to 2°C, with a goal of limiting it to 1.5°C, to avoid the most catastrophic effects of climate change. We now have only four years to meet that goal.

But the world’s biggest banks continue to pour hundreds of billions into extreme fossil fuels: tar sands, coal, fracked gas, and Arctic or deepwater oil. These are the most financially intensive, risky, and harmful projects for people and planet…and they’re incompatible with a stable world.

We will not stand by as they spend our money on financing climate disaster. Business as usual cannot stand, and it’s up to us to change it.

Our next target is JPMorgan Chase–one of the biggest tar sands funders of all. Please join us!

exxonkilledthereef

 

chase

Chase Funding of Fossil Fuels, 2015

Coal Mining $2.65B
Coal Power, $13.41B
Extreme Oil, $37.77B
LNG, $30.58B

wells

Wells Fargo Funding of Fossil Fuels:

Coal mining, $1.71B
Coal power, $7.62B
Extreme oil, $6.05
LNG, $13.33

bofa

BOA Funding of fossil fuels, 2015

Coal mining, $3.92B
Coal power, $10.92B
Extreme oil, $24.85
LNG $29.61