How can we stop big banks from financing fossil fuels and the destruction of our planet? We have the answer:
Watch our new two-minute video to learn about our new Fossil Free Federal Reserve campaign and how you can help:
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Here’s what you need to know: U.S. banks have funneled $1.2 trillion dollars into fossil fuels in the past five years. These big banks won’t stop funding fossil fuels on their own (they’ve been quite clear about that).
The good news is that the Federal Reserve — the U.S. central bank — has the legal authority to make fossil fuel finance less desirable and possibly set limits on the financing of fossil fuels.
It’s the Fed’s literal job to protect the public interest and economy from systemic risks like climate destruction, but they won’t do it alone. It will take the full weight of the climate movement pushing the Fed to take action and hold banks accountable for funding this crisis.
We need to get the word out about this new campaign. Can you help spread the word by watching and sharing our new two-minute video that explains the campaign, why it matters, and how you can help? [link removed]
Thanks for watching and stay tuned for more to come.
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350.org is a global movement that fights for a just and equitable world by stopping the fossil fuel industry from continuing to destroy our climate.