Dear First_Name,
The newest edition of our annual "Banking on Climate Chaos" report has some truly astounding findings about dirty fossil fuel projects and the big U.S. banks that are funding them:
Banks around the world are still dumping billions of dollars into fossil fuels every year. In 2023 alone, banks poured more than $700 billion into fossil fuel companies. And the Wall Street banks are the worst of the bunch. The four major U.S. banks alone— JPMorgan Chase, Citi, Bank of America, and Wells Fargo— provided $143 billion to fossil fuels last year. What's more, several of these banks have weakened their climate commitments and increased funding for the methane and coal sectors.
Voluntary net zero "commitments" aren't working. Banks are giving crucial funding to the companies behind controversial fossil fuel projects like:
❌ Liquefied methane gas exports on the Gulf Coast
❌ Willow Project in Alaska
❌ Line 3 and Line 5 pipelines
❌ Oil & gas in the Amazon rainforest
The science is clear. Every single dollar spent on fossil fuel industry expansion locks us into decades of climate chaos. We know there is little time to waste before climate chaos becomes irreversible.
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The pressure that we place on these banks is crucial to ensuring they keep their climate commitments and stop funding dangerous fossil fuel projects.
Take action and tell the CEOs of the four largest U.S. banks to stop financing fossil fuels!
Thank you,
Adèle Shraiman (she/her)
Senior Campaign Strategist
Fossil-Free Finance
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P.S. Check out the full "Banking on Climate Chaos" report to learn where your bank stands.
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