[ [link removed] ]350.org

 

 



We've completed step one, John.

Our movement successfully pressured President Biden to nominate the most
diverse and well-qualified slate of candidates to the Federal Reserve who
will take climate risk seriously.^1

Now comes step two: It’s our job to make sure that, once confirmed, our
nominees and the rest of the Federal Reserve get to work right away to
drastically reshape our economy and cut off the flow of funds from big
banks to fossil fuels.

Right now, there’s a bill in the House and the Senate that would require
the Federal Reserve to ban the financing of any fossil fuel projects or
activities: the Fossil Free Finance Act.

John, we’re
setting out to drastically expand the number of sponsors on the bill
before Earth Day (this Friday, April 22). [ [link removed] ]Will you call Rep. Brendan Boyle and Sens. Bob Casey and Pat Toomey
and ask them to sign on to the Fossil Free Finance Act? We’ve
included a sample message of what you can say below!

→ Sample Script ←

“Hi, my name is John and I am your constituent from
Philadelphia.

In the last 5 years, the world’s 60 biggest banks have financed fossil
fuels to the tune of $3.8 trillion. Under the Fossil Free Finance Act, big
banks would be required to align their financing with science-based
emission targets and our obligations under the Paris Climate Agreement.

U.S. banks are the top fossil fuel funders of climate chaos and the Fed
can step in and steer us off fossil fuels fast. The Fed has a
responsibility to protect our economy, including protecting our
communities from climate catastrophe.

Every representative who claims to be a champion for climate action must
sign on to this bill.

As your constituent, I'm urging you to join your colleagues and co-sponsor
the Fossil Free Finance Act."

[ [link removed] ]Call now »

While we continue to pressure the Senate to confirm our Federal Reserve
slate, the Fossil Free Finance Act is a huge opportunity to finally change
how the financial sector invests in fossil fuels and turn the tides for
our climate.

If this bill passes, big banks would not be allowed to finance:

* New or expanded fossil fuel projects after 2022
* All fossil fuel projects after 2030
* Thermal coal financing after 2024

With your help, we know we can increase the amount of co-sponsors on this
bill by next week and send a clear message to the oil and gas industry
that their days are numbered.

[ [link removed] ]Will you send a message to Rep. Brendan Boyle and Sens. Bob Casey and Pat Toomey right now urging them to
co-sponsor the Fossil Free Finance Act?

Together we can show the power of our demands and build the pressure
needed to win.

In solidarity,

Team 350

[ [link removed] ]Call now »

1 - [ [link removed] ]Washington Post




 




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