CvC was an initial signer of this important letter. Please read and have your group sign on!
Wells Fargo National Days of Action:
Climate Justice and Fossil Fuel Resistance Sign-on Letter
All injustices are inherently linked. In the 21st century one of the strongest links can be found in the massive financial institutions that fund myriad forms of economic, social and environmental destruction.
In 2013 Wells Fargo became the most profitable bank in America, raking in $21.9 Billion. This money was largely made by taking advantage of working-class people, funding the prison/deportation industrial complex, and from investing in the fossil fuel industry. Wells Fargo is perhaps most notorious for their abusive and criminal housing practices – foreclosing on tens of thousands of people a year and doctoring paperwork to speed up this process.
To call attention to these abuses, Occupy Our Homes and the Home Defenders League have called for National Days of Action against Wells Fargo on April 28-29th. The organizers for this mobilization are asking groups to hit Wells Fargo on all fronts.
Wells Fargo invests heavily in mountaintop removal coal mining, hydraulic fracking, tar sands oil extraction, the construction of new coal plants and other extreme energy projects. These investment practices must end.
Due to Wells Fargo’s support of the fossil fuel industry, and out of an understanding that all forms of injustice must be eradicated; we urge fellow climate justice and fossil fuel resistance groups to join this national action.
We stand in solidarity with all who have been affected negatively by Wells Fargo; and with the communities and populations that have been disproportionately impacted.
We stand with Occupy Our Homes and the Home Defenders League in their call for National Days of Action against Wells Fargo on April 28-29th and pledge to actively participate and support this mobilization. Housing is a human right. Migration is a human right. Clean air and water is a human right.
FANG: Fighting Against Natural Gas
Capitalism vs the Climate
More Trees Records
Pennsylvania Alliance for Clean Water and Air
Fossil Free RI
Energy Action Coalition
Hands Off Appalachia
Maypop Collective for Climate and Economic Justice
Locate, or organize an action: https://actionnetwork.org/event_campaigns/foreclose-on-wells-fargo
Sign on: http://bit.ly/1qtvCKz
CvC’s Dan Fischer writes in Climate Connections:
Climate injustice for sale in Northeast’s carbon trade
By Dan Fischer, 5 November 2013, Special to Climate Connections
With establishment environmentalists’ support, the Northeast and Mid-Atlantic states wish to update and expand the region’s electricity sector cap-and-trade program known as the Regional Greenhouse Gas Initiative or RGGI. At quarterly auctions, RGGI sells permits for pollution to electricity companies, banks and other bidders, before letting these parties trade with each other on a pollution market. An update currently being implemented to RGGI’s Model Rule would lower the number of pollution rights sold at these auctions, theoretically reducing the region’s pollution over time. A number of factors, however, make RGGI unlikely to fairly or effectively reduce emissions.RGGI’s update could bring to the region new pollution hotspots in poor and minority communities, increased use of carbon offsets, and a greater reliance on dirty, greenhouse gas-emitting energy sources like biomass and natural gas.
Here are the footnotes that got cut off: