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From: Team 350 [[email protected]]
Date: Mon, October 25, 2021 at 4:57 PM
Subject: Action opportunity for John
Tomorrow (10/29) our movement is taking action outside thirteen Federal Reserve branches across the country to demand that President Biden nominate a new Federal Reserve Chair who will prioritize the needs of everyday people, which includes using the Fed’s powers to tackle the climate crisis.
During the pandemic, the Federal Reserve bailed out fossil fuel companies — TC Energy (Keystone XL pipeline), Energy Transfer Partners (Dakota Access pipeline) and Enbridge (Line 3 tar sands pipeline) — through its emergency lending program.1
The Federal Reserve’s job is to protect our economy and financial system from risk – that includes climate risk. But for years, they’ve done the exact opposite by bailing out fossil fuel companies and allowing the largest US banks to pour nearly $1 trillion into risky fossil fuels, even after the U.S. signed onto the Paris Agreement.2
The Fossil Free Future day of action, hosted alongside our partners at the Future Coalition, will build on our momentum to hold the Federal Reserve accountable and also call out big banks like Chase and BlackRock who fund fossil fuels companies.
There are already 33 actions planned and it’s particularly important that you join, John, because you live near a Federal Reserve branch.
These actions will amplify our three core demands:
Together we can show the power of our demands and build the pressure needed to win.
Hope to see you there.
- Team 350
P.S. If you haven’t already, claim your free Fossil Free Federal Reserve sticker.