Banks, Climate Justice and the Green Economy: Bank of America's Role & Responsibility

Cambridge, MA

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Rainforest Action Network (RAN) is organizing a united voice in Boston to accelerate the shift from fossil fuel-based energy to renewable alternatives by leveraging the financial power of Bank of America, the top U.S. underwriter of coal-fired utilities and coal mining companies <http://www.dirtymoney.org>. BofA executives live and work here, placing Bostonians in a unique position to speed up our nation’s progress toward cleaner energy. Although Bank of America claims to support environmental responsibility, it has actually pumped more than $6.4 billion into the coal sector over the past two years alone. With Bank of America's customer satisfaction at an 11-year low, and 36 new coal-fired power plants in the state pipeline (and 1,200 proposed worldwide), the time is right to demonstrate that our communities don't accept a prolonged dependence on dirty energy.

RAN is prompting a series of three public events in Boston to bring together various local voices concerned about Bank of America's failure to act responsibly with respect to its direct climate and community impacts. Join us for this initial cross-sector community dialogue on Banks, Climate Justice and the Green Economy: Bank of America's Role & Responsibility. A second community dialogue will take place in Boston the evening of Tues Feb 26th, followed by the delivery in March of a letter to CEO Brian Moynihan signed by Boston-area thought-leaders encouraging Bank of America to take the lead in financing America's transition to cleaner energy. Individuals and leaders from academic, socially responsible investment, faith, and social/economic/environmental justice communities are encouraged to attend. February and March event details TBA.