, 10 tweets, 4 min read Read on Twitter
A game-changing new campaign envisioned by ⁦@billmckibben⁩, so obvious and powerful now that he’s seen it: TARGET THE BANKS FUNDING THE FOSSIL FUEL INDUSTRY.

[thread] newyorker.com/news/daily-com…
“So what would happen if, tomorrow, Chase [the biggest funder] announced that it was going to phase out lending to the fossil-fuel industry?” asks McKibben.

“‘Wells Fargo and Citi would follow within days,’according to Tim Buckley, a former managing director at Citi.”


“In fact [Buckley continued], ‘they’d look to go one step further, so as to pretend they weren’t really sheep. And this would have global ramifications—the music would stop, very suddenly.’”



“‘Wall Street,’ Buckley [continued], ‘can be very deaf to warnings for years, but the financial-market lemmings will suddenly act in unison’ once the biggest players send a signal.”



So what do we do??

McKibben: “The director of the Rockefeller Family Fund, Lee Wasserman, says that it’s time to take on the reputations of the bankers, in much the same way that the Sackler family has increasingly been shunned for its role in the opioid crisis.”


This is a *perfect* venue for consumer activism!

@shannoncoulter could you please get the #GrabYourWallet Alliance involved w this? Please read @billmckibben’s piece at the top of this thread!


And everyone else: move your accounts out of @Citi and Tell. Them. Why.


Also: I see massive civil disobedience on bank lobbies and office buildings in the global finance capitals of London and New York!!

and especially

I am so super excited about this!

I have that slightly electric feeling of (dare I say) hope 🔆 that there’s a new weak spot on which to apply pressure, to bring shame and opprobrium on bad actors silky with the complacency of their own evil.

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