Climate Action RI joins national day of action demanding Chase and Bank of America divestment from fossil fuels – Uprise RI


In coordination with similar events in the United States and around the world, Rhode Island Climate Action (CARI) organized a demonstration outside Chase bank in South Kingstown on Friday afternoon, before heading up Kingstown Road to protest outside the Bank of America location on Old Tower Hill Road. About three dozen people participated, holding signs, making noise and handing flyers to passing motorists.

At each place Organizer CARI Brian Wilder leads a small group into the bank branch to present bank managers with a letter to the CEO of Chase Jamie Dimon calling on Chase to stop funding the Line 3 pipeline and the CEO of Bank of America Brian Moynihan. At Chase Bank, management accepted the letter and promised to send it up the chain of command. Bank of America responded by blocking CARI activists from entering the bank and closing a metal barrier.

CARI enters Chase Bank
The March to Bank of America

CARI has already been outside of this bank branch, as well as other Chase Bank branches statewide, and they have no plans to stop their protests.

The protests aim to put pressure on the banks to stop funding the Line 3 oil sands pipeline which locks us into additional decades of fossil fuel infrastructure. Bank of America is another major backer of the Line 3 builder. # DefundLine3 Global Day of Action was organized internationally by Stop the money pipeline. Protests took place at bank branches in Japan, Switzerland, Sierra Leone, Costa Rica, UK, Netherlands, France and Canada, as well as around 85 stocks in 50 cities across the states. -United. Stop the Money Pipeline is a coalition of over 150 organizations whose goal is to empower climate chaos donors.

Global Day of Action comes just one month after many target banks agreed to donate Enbridge – the building of the company Line 3 – a loan “linked to sustainable development”. Details of what makes the loan “linked to sustainability” were not disclosed. According to Enbridge’s Environmental Impact Statement, Line 3 would release an additional 193 million tonnes of greenhouse gases into the atmosphere each year. Key permits for the pipeline were granted to Enbridge by the Trump administration weeks before Trump left.

Peter Nightingale, a South Kingstown resident said in a statement: “Line 3 would put as much additional greenhouse gases into the atmosphere as building 50 new coal-fired power plants. Building a huge pipeline through the lands of indigenous peoples in order to deliver twice as much dirty oil from the tar sands as before at the same time, the scientific community claims that all of our well-being depends on the very rapid and very dramatic global reduction. greenhouse gas emissions is dangerous, immoral and stupid.

Peter Nightingale

More than 250 people have now been arrested for taking action to stop the construction of Line 3. Since the # DefundLine3 campaign launched in February 2021, protests have taken place at bank branches in 16 states and activists have sent more 700,000 emails and 7,000 calendars. invited bank executives and made more than 3,000 phone calls, demanding that they stop funding line 3.

Line 3 would transport one million barrels per day of oil from Canada’s tar sands, one of the most polluting fossil fuels, to the shores of Lake Superior in Wisconsin with many negative impacts, especially on Indigenous peoples. On his way, for example, he would cross the territory of the Anishinaabe, endangering their waterways and nearly 1,000 acres of their wetlands. Line 3 would also violate the treaty and property rights of other Indigenous peoples such as the Bad River Band and the White Earth and Red Lake bands of the Ojibwe people, all of whom oppose Line 3 in court. and on construction sites.

Brian Wilder

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Steve Ahlquist is the co-founder and senior reporter of Uprise RI. He has covered human rights, social justice, progressive politics and environmental news for nearly a decade.

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