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Stop the Money PIpeline

Insure Our Future Campaign Welcomes Chubb’s Tar Sands Exit

September 14, 2021By Collin ReesBlog Post, News, Press Releases, Stopping Carbon Lock-In

“This is a major victory for Indigenous resistance and the climate. Trudeau needs to stop supporting this risky project immediately, and end all fossil fuel subsidies,” said Kyle Gracey of OCI.

Hundreds of Groups Urge Kerry to Push for Wall St. Climate Regulation, Not Partnership

March 31, 2021By Collin ReesBlog Post, News, Press Releases, Stopping Carbon Lock-In

Nearly 150 organizations sent a letter urging Special Presidential Envoy for Climate John Kerry to use his powers to end the flow of finance from Wall Street to the industries driving climate change.

Biden Urged By Hundreds of Groups to Sign Climate Emergency Executive Order

December 16, 2020By Collin ReesBlog Post, News, Press Releases, Stopping Carbon Lock-In

Nearly 400 groups called on President-elect Joe Biden to sign an executive order to confront the climate emergency with the full power of the executive branch as soon as he takes office.

Day of Action Against Financing of Keystone XL, Line 3 Pipelines

December 11, 2020By Collin ReesBlog Post, News, Press Releases

Today across the nation, activists in 60 cities and 25 states plan to utilize COVID-safe and creative ways to deliver letters calling on major banks to distance themselves from the funding of the toxic Keystone XL and Enbridge’s Line 3 tar sands pipelines.

Stop the Money Pipeline Issues Set of Criteria for Financial Appointees to the Biden Administration

November 11, 2020By Collin ReesBlog Post, News, Press Releases, Stopping Carbon Lock-In

Stop the Money Pipeline, a coalition pushing financial institutions to end support for the fossil fuel industry, sent a letter to the Biden/Harris transition team urging strong climate action criteria regarding appointments to financial regulators and the Treasury Department.

U.S. Senator Jeff Merkley Introduces Pair of Bills to Halt Financial Investments in Fossil Fuels

October 21, 2020By Collin ReesBlog Post, News, Press Releases, Stopping Carbon Lock-In 1 Comment

“If banks won’t stop funding climate devastation, our government must force their hand, and Senator Merkley’s bills would force the action we need,” said David Turnbull of Oil Change International.

Stop the Money Pipeline: JPMorgan Chase Can’t Be Paris-Aligned If It’s Still Funding Fossil Fuels

October 6, 2020By OCI TeamBlog Post, News, Press Releases

“Chase’s path to aligning with the Paris Agreement is obvious — it must stop funding fossil fuels immediately. Anything short of an end to fossil finance is woefully insufficient.”

Stop the Money Pipeline: Financial Regulators Must Do More to Address Climate Risk

September 9, 2020By Collin ReesBlog Post, News, Press Releases, Stopping Carbon Lock-In

The Commodity Futures Trading Commission issued its report on the risks that the climate emergency poses to the financial system. Stop the Money Pipeline partners issued the following responses.

Sixty-Nine Organizations Tell the Federal Reserve to Stop Buying Fossil Fuel Debt

July 30, 2020By Collin ReesBlog Post, News, Press Releases

In a letter to the Federal Reserve, 69 organizations called on the Fed to stop purchasing corporate debt from the fossil fuel sector through its COVID-19 emergency facilities.

Why $77 billion a year in public finance for oil, gas, and coal is even worse than it sounds

May 27, 2020By Bronwen TuckerBlog Post, Stop Funding Fossils

With the health and livelihoods of billions at risk from COVID-19, governments around the world are preparing historic levels of stimulus finance. Building a Just Recovery that avoids the worst of climate change means overhauling our public finance institutions fast.

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