<![CDATA[Grist - Comment Feed for New policy would divest bank from mountain obliteration]]> Grist Comment Feed en Comment #1 by Nell Greenberg http://www.grist.org/article/bofa-disses-mtr/ Thu, 04 Dec 2008 08:20:31 -0800 http://www.grist.org/article/bofa-disses-mtr/1 BofA Decision Testament to Coal Movement

Erik, i could not agree with you more. Bank of America's decision is a testament to the hard work of Appalachian communities and anti-coal activists across the country, who have been campaigning on Bank of America for over a year. It shows what can be done by working inside and outside the boardroom.

The devil is in the details with this policy, and Bank of America needs to issue a timeline for the phasing out of their financing with further explanation of what will and will not continue to be financed. This is only a victory when we start to see the results on the ground.

A small taste of the role responsible banks could play in mitigating the climate crisis.

-Nell Greenberg, Rainforest Action Network

]]> BofA Decision Testament to Coal Movement

Erik, i could not agree with you more. Bank of America's decision is a testament to the hard work of Appalachian communities and anti-coal activists across the country, who have been campaigning on Bank of America for over a year. It shows what can be done by working inside and outside the boardroom.

The devil is in the details with this policy, and Bank of America needs to issue a timeline for the phasing out of their financing with further explanation of what will and will not continue to be financed. This is only a victory when we start to see the results on the ground.

A small taste of the role responsible banks could play in mitigating the climate crisis.

-Nell Greenberg, Rainforest Action Network

]]> Comment #2 by wesrolley http://www.grist.org/article/bofa-disses-mtr/ Thu, 04 Dec 2008 12:58:36 -0800 http://www.grist.org/article/bofa-disses-mtr/2 First B of A, then the rest

This is a great first step.  There are very good reasons that I have an account with CitiBank.  It has to do with the ease of maintaining accounts with relatives in Japan.

However, I will still tell CitiBank that they should follow the lead of B of A, adopt a similar policy or I will move my account.

I would encourage everyone with an account at a major bank to do the same.  Right now is a good time to do so when no bank wants to lose any deposits.

Wes Rolley CoChair - EcoAction Committee Green Party US

]]> First B of A, then the rest

This is a great first step.  There are very good reasons that I have an account with CitiBank.  It has to do with the ease of maintaining accounts with relatives in Japan.

However, I will still tell CitiBank that they should follow the lead of B of A, adopt a similar policy or I will move my account.

I would encourage everyone with an account at a major bank to do the same.  Right now is a good time to do so when no bank wants to lose any deposits.

Wes Rolley CoChair - EcoAction Committee Green Party US

]]> Comment #3 by Erik Hoffner http://www.grist.org/article/bofa-disses-mtr/ Fri, 05 Dec 2008 01:12:33 -0800 http://www.grist.org/article/bofa-disses-mtr/3 language

Thanks, Nell, for RAN's leadership on this. Yes, it is a grassroots success. The language of the policy is loose, of course, and it'll be something of a miracle if they stick closely to it, but hey, that's one of the things activists are for, ensuring accountability.

Erik

The Orion Grassroots Network: supporting grassroots groups working for conservation, justice, & more

]]> language

Thanks, Nell, for RAN's leadership on this. Yes, it is a grassroots success. The language of the policy is loose, of course, and it'll be something of a miracle if they stick closely to it, but hey, that's one of the things activists are for, ensuring accountability.

Erik

The Orion Grassroots Network: supporting grassroots groups working for conservation, justice, & more

]]> Comment #4 by Ted Nace http://www.grist.org/article/bofa-disses-mtr/ Fri, 05 Dec 2008 05:19:52 -0800 http://www.grist.org/article/bofa-disses-mtr/4 More background on the B of A announcement

In addition to the groups listed above, other groups involved in the wave of nonviolent direct action against Bank of America include Rising Tide North America, Student Environmental Action Coalition, and Energy Justice Network. Check out this CoalSwarm backgrounder on citizen action targeting Bank of America and this CoalSwarm survey of worldwide direct action protests against coal in 2008 for more details.

Help build CoalSwarm-- a shared informational resource on coal and alternatives to coal.

]]> More background on the B of A announcement

In addition to the groups listed above, other groups involved in the wave of nonviolent direct action against Bank of America include Rising Tide North America, Student Environmental Action Coalition, and Energy Justice Network. Check out this CoalSwarm backgrounder on citizen action targeting Bank of America and this CoalSwarm survey of worldwide direct action protests against coal in 2008 for more details.

Help build CoalSwarm-- a shared informational resource on coal and alternatives to coal.

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