Dear Supporter,
I can’t believe we still need to be saying this in 2024, but coal has got to go. 2023 was the year of global boiling – with heat waves, floods, and fires breaking record after record. It’s never been more clear that we need to rapidly and equitably transition to a clean energy economy.
Despite this, big banks continue to pour billions of dollars into deadly coal plants that pollute our air and put our future at risk. These investments are giving coal a lifeline, keeping this dirty industry going even though renewable energy is ready to replace it.
Sierra Club recently published a report showing that six major banks are some of the largest funders of coal plants, including JPMorgan Chase, Bank of America, and Citi.1 Many of us are customers at these banks, and they need to hear from us loud and clear that they cannot continue to fund coal with our money.
Add Your Voice: Tell Big Banks to Stop Funding Deadly Coal Power!
These big banks have all made public commitments to reduce their climate impacts and align their business with global climate goals. But these commitments have been mostly empty words – resulting in watered down language and non-binding agreements. The reality is, with their half-hearted efforts, these banks have left billions of dollars on the table for major polluters to continue to operate and even expand the coal plants killing thousands of people in the United States every year.
In the last seven years, these banks put $176 billion into coal power. By continuing to pour money into coal, these banks are telling their shareholders, clients, and regulators they aren’t serious about meeting their own climate commitments. We can't let them continue to put our planet at risk with their reckless financing decisions.
Together, we can make sure banks finally stop the flow of cash into climate-wrecking coal power.
In Solidarity,
Adele Shraiman
1. How Major Banks are Propping Up Deadly Coal Plants Across the U.S. | 
