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!
Chase Funding of Fossil Fuels, 2015
Coal Mining $2.65B
Coal Power, $13.41B
Extreme Oil, $37.77B
Wells Fargo Funding of Fossil Fuels:
Coal mining, $1.71B
Coal power, $7.62B
Extreme oil, $6.05
BOA Funding of fossil fuels, 2015
Coal mining, $3.92B
Coal power, $10.92B
Extreme oil, $24.85