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Stop the Money Pipeline Profile picture
Stop the Money Pipeline
@StopMoneyPipe
The #StopTheMoneyPipeline coalition is 200+ organizations strong. Together we are holding the financial backers of climate chaos accountable.
May 1 • 7 tweets • 2 min read
NOW: Senate Budget Committee holds 'Denial, Disinformation & Doublespeak: #BigOil’s Evolving Efforts to Avoid Accountability for Climate Change" hearing. @SenWhitehouse: industry pretends to take climate change seriously, but internally is making Paris climate goals unachievable. Image It’s time to hold #BigOil accountable, along w those who finance fossil fuels. WATCH HEARING highlighting Big Oil's continued attempts to block climate safety: budget.senate.gov/hearings/denia…
Mar 24, 2023 • 5 tweets • 2 min read
Join nearly 50,000 people in demanding that public pensions support climate justice & Indigneous rights at big banks and insurance companies annual shareholder meetings this spring.

A🧵

actionnetwork.org/forms/sign-the… 1/ public pensions manage trillions of dollars for everyday Americans: teachers, public sector employees, and firefighters.

They invest that money across the economy, including in the banks and insurance companies enabling new coal, oil, and gas projects.
May 17, 2022 • 9 tweets • 3 min read
$52.8 billion worth of investment capital just demanded that @Chase stops greenwashing and passes real climate targets.

Thoughts on why this matters: 🧵👇 1/ In 2021, @Chase set 2030 climate targets using a greenwashing trick called “carbon intensity” -- pledging to reduce the “carbon intensity” of the oil & gas firms it finances.

But “carbon intensity” & reductions in “greenhouse gas emissions” are 2 very different things.
May 17, 2022 • 9 tweets • 4 min read
Today, at the annual meeting of @Chase more than $37.9 billion worth of investment capital demanded that the bank stop funding fossil fuel expansion. 🧵 Image 1/ $37.9 billion saying “No more fossil fuel expansion” to @Chase matters. Here’s why:

JPMorgan Chase is the world’s largest funder of fossil fuel expansion, providing nearly $16 billion to finance new coal, oil & gas operations in 2021.
May 17, 2022 • 6 tweets • 8 min read
Today, May 17th, youth organizers with many groups and grassroots organizers are gathering outside @jpmorgan @Chase’s NYC headquarters during their annual general meeting.
#StoptheMoneyPipeline #DefundClimateChaos
@FutureCoalition ImageImage The world is burning, and @jpmorgan @Chase is throwing fuel on the fire – $382 BILLION SINCE 2016.

Communities are urgently calling to keep fossil fuels in the ground.

Yet megabanks like Chase are choosing to fund + enable new fossil fuel projects and human rights abuses! ImageImage
May 7, 2020 • 10 tweets • 6 min read
🧵KUDOS to @RepBarragan @SenJeffMerkley @IlhanMN @BernieSanders @RepHuffman @RepJayapal @EdMarkey @RepAOC for introducing the #ReWINDAct which would stop Trump & Wall Street from bailing out fossil fuels companies! stopthemoneypipeline.com/the-rewind-act…

The bill would: Image 1) 🛑the fossil fuel industry from receiving stimulus money through the Fed or Treasury Image
Apr 30, 2020 • 10 tweets • 4 min read
Mnuchin & Trump could announce a plan to bailout Big Oil as early as tomorrow.

In our latest press release, we list 8 reasons why that’s a no good, terrible, messed up idea.
🧵
stopthemoneypipeline.com/mnuchin-big-oi…

#StopTheMoneyPipeline

#NoBigOilBailout #1: The Trump Administration still hasn’t delivered for American families:

Nearly 25 million Americans are out of work. The administration needs to spend more time helping people and less time prioritizing the needs of oil company CEOs.