Bank of America, Citigroup, and JP Morgan Chase rank as the top-three financiers of mountaintop-removal coal mining and coal-fired power plants in the US, according to a report by the Sierra Club, Rainforest Action Network, and BankTrack. If your organization banks with one of these corporate mega-banks, its money is supporting fossil fuels.(i)…
The process of divesting from fossil fuels follows a certain timeline. (What is Divestment from Fossil Fuels? It’s basically un-investing from oil, gas and coal.) And where an organization is on this timeline determines the type of action, talking points, and answers that activists need to use.
I break the timeline down into the Consideration phase, the Declaration, and the Implementation phase.
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