Ok...I know news about the Federal Reserve isn’t exactly viral twitter content, but this is IMPORTANT.
Under the guise of the Corona-19 bailout, the Fed is pumping *BILLIONS* into the fossil fuel industry.
Here's a 🧵on how your money is fueling the climate crisis.
Under the guise of the Corona-19 bailout, the Fed is pumping *BILLIONS* into the fossil fuel industry.
Here's a 🧵on how your money is fueling the climate crisis.
Today, 69 orgs call on the Fed to end its purchase of fossil fuel debt.
The Fed must stop leveraging public money to purchase debt from the firms exacerbating the climate crisis. #StopTheMoneyPipeline #PeopleNotPolluters priceofoil.org/2020/07/30/fed…
The Fed must stop leveraging public money to purchase debt from the firms exacerbating the climate crisis. #StopTheMoneyPipeline #PeopleNotPolluters priceofoil.org/2020/07/30/fed…
There are some BIG names who signed onto the letter: @LCVoters, @OxfamAmerica, @SierraClub, @sunrisemvmt and more.
Why the interest? Because money fuels the climate crisis and the Fed is setting up one of the biggest money pipelines to fossil fuels.
Why the interest? Because money fuels the climate crisis and the Fed is setting up one of the biggest money pipelines to fossil fuels.
While support runs out for millions of Americans devastated by #COVID, the Fed has invested a TON of public money in paying down debt at fossil fuel companies. Read the letter sent to the Federal Reserve by groups demanding aid for #PeopleNotPolluters. priceofoil.org/content/upload…
The Federal Reserve can’t warn about the financial risk of climate catastrophe, then invest public money into fossil fuels. The Fed needs to STOP purchasing corporate debt from companies driving climate crisis & help #PeopleNotPolluters. Act now: stopthemoneypipeline.com/fed-petition/
