Dear Green American,

What if you found out the money in your bank account was being used to fuel fires and floods, fracking and coal mining, and air and water pollution where you live? If you bank with one of the major US megabanks, that’s likely the case.

Since the 2015 Paris Agreement, the world’s 60 largest banks have committed $6.9 trillion to the fossil fuel industry, according to the annual Banking on Climate Chaos report. Almost half has gone to new oil, gas, and coal projects.

Nine of these top global banks -- JPMorgan Chase, Citibank, Bank of America, Wells Fargo, Goldman Sachs, Morgan Stanley, PNC, Truist, and US Bank -- are based in the United States. Together they have bankrolled the fossil fuel industry by over $2 trillion since the Paris Agreement, about 30% of all fossil fuel financing.

Tell US megabanks: Stop bankrolling fossil fuels causing the climate crisis!

These megabanks are funding fossil fuel projects that are destroying communities, such as:

• the Mountain Valley Pipeline, with over 400 water quality violations in Virginia and West Virginia;

• 32 existing and projected LNG export terminals in Gulf South, the carbon bomb equivalent of 345 coal plants;

• fracking of Ohio state parks and wildlife areas that are supposed to be protected public lands.

We need you to send a letter to US bank executives today. Tell these megabanks to finance clean energy for people and planet, not fossil fuels that cause climate chaos.

Just this summer we have seen a 100+° heat dome in June and a Category 5 hurricane in July. As long as the big banks keep financing fossil fuels, climate chaos will continue to get worse.

Tell US megabanks to stop financing the climate crisis!

Yours for a green economy,

..................

Cathy Becker
Responsible Finance Campaign Director
Green America

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