Thread by @standearth

HAPPENING NOW: New report on "Resisting Corporate Colonialism" unravels the financial web behind EACOP.

Report: stand.earth/press-release/…

Tune into the livestream w/ leaders around the world to #StopEACOP & follow along with our live-tweeting!

JOIN NOW: facebook.com/24425009773032…

.@AmyG_Standearth kicks-off grounding us in how @TotalEnergies' EACOP risks harming the lives & livelihoods of millions.

"This is not just a climate issue. This is a climate justice issue." 👏🏾👏🏾👏🏾

While @TotalEnergies & those attempting to push through EACOP claim it will benefit local communities, a majority of the fossil oil of the world's largest proposed pipeline would be for export.😡

#greenwashing #StopEACOP

.@stopEACOP's @OmarElmawi highlights not only the climate impacts of EACOP, but also the impacts on lives, livelihoods, tourism, fresh water & more.

"Last I checked, an oil pipeline has never been a tourist attraction site." 💯💯💯

Let's take stock on the fight to #StopEACOP:

💸 20 banks refuse to directly finance
✊🏾 260+ organizations rising with @stopEACOP
🛟 8 insurance companies refuse to underwrite

.@RyanABrightwell breaks down the financial web of @TotalEnergies' EACOP, including the 3 banks serving as financial advisors to the project:
@StandardBankZA, @smbcapital & @icbc.

There's little to no accountability here -- so @BankTrack is working to change that.

Thanks to tenacious organizing from climate justice organizers around the world, @DeutscheBank recently announced it would not directly finance EACOP, followed by 4 major US banks.

"TotalEnergies is facing closed doors wherever it looks," @RyanABrightwell
reuters.com/business/susta…

EACOP has been delayed 3 years and counting.

While @TotalEnergies & its financial backers attempt to push the project through, we will make sure this crude oil pipeline never sees the light of day. ✊🏿✊🏾✊🏼✊🏽

Henri Her with @ReclaimFinance breaks down @TotalEnergies' climate plan -- or lack thereof.

Despite #greenwashing, Total is still increasing fossil fuel expansion, and "is still not on a climate-safe pathway."

#StopEACOP

Join the fight, take action, this one from @350:

Tell insurer @MarshMcLennan: Drop EACOP 🛟
act.350.org/sign/tell-mars…

Reflecting on @TotalEnergies's shareholder meeting last week -- which ended up being cancelled in-person:

"Soft tea & biscuits engagement with Total does not work," Guillaume Pottier with @ReclaimFinance brings the realness! #StopEACOP

Read more here ⤵️
reclaimfinance.org/site/en/2022/0…

.@ymkayinga with @COTFONENetwork speaks to the need for an international movement that protects land and water defenders:

"Companies and governments are trying to silence those demanding we #StopEACOP"

.@inclusivedevt's @coleen_scott18 helps us follow the money behind EACOP.

For example, Dutch asset manager @ACTIAM's ultimately unsuccessful engagement with Total resulted in their #divestment from the company over EACOP.

.@lenga2020 with @greenfaithworld & @Fridays4future Tanzania:

"EACOP would emit 60x what Uganda is currently emitting, and is already displacing and impacting communities."

"If big US banks are refusing to directly finance EACOP, why are they still holding billions in @TotalEnergies?"

@AmyG_Standearth shines a spotlight on banks' #greenwashing & pressure for financial institutions to choose a side: people or pipelines?

Here's how you can join the global movement & take action to #StopEACOP:

1⃣ Email US pensions: act.stand.earth/page/41388/act…
2⃣ Email @MarshMcLennan: act.350.org/sign/tell-mars…
3⃣ Use this toolkit to share far & wide: docs.google.com/document/d/1VI…