FOR IMMEDIATE RELEASE July 19, 2022 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Climate groups respond to Yellen statement on FSOC and climate In Bali last Saturday, Treasury Secretary Janet Yellen told reporters that the Financial Stability Oversight Council (FSOC) is “not really a direct tool to address climate change.” This directly contradicts earlier commitments made by […]
Author Archives: Jackie Fielder
Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Today the U.S. Supreme Court issued a rule that limits the EPA’s ability to regulate greenhouse gasses from the power sector using a specific provision of the Clean Air Act. Earlier this year, the Intergovernmental Panel on Climate Change stated that existing and planned fossil fuel projects are more than the […]
FOR IMMEDIATE RELEASE June 22, 2022 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Stop The Money Pipeline Coalition Responds to IEA’s Energy Report Today the International Energy Association (IEA) issued its seventh World Energy Investment (WEI) report, which includes an assessment of the adequacy of investment flows and commitments to meet the goal to limit the rise in […]
This shareholder season, STMP launched the Wall Street’s Moment of Truth – People or Fossil Fuels campaign to push investors to support climate action at banks and insurance companies. Shareholder, or “AGM” (annual general meeting) season is a period roughly between April and June when publicly-traded companies hold their annual shareholder meetings. At these meetings, […]
FOR IMMEDIATE RELEASE Monday, May 23, 2022 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com MEMO: One year since President Biden’s Executive Order on Climate Finance, progress is minimal One year ago, President Biden issued an executive order that solidified the administration’s commitment to using all of the federal government’s resources and authority to combat the threat […]
FOR IMMEDIATE RELEASE April 13, 2022 Press contact: Jackie Fielder, jackie@stopthemoneypipeline.com Stop the Money Pipeline coalition responds to Bank of America’s new 2030 climate targets NEW YORK — Today Bank of America announced its 2030 climate targets that sidestep reductions in greenhouse gas emissions and opt for reductions in carbon intensity. Despite today’s commitment […]
FOR IMMEDIATE RELEASE April 4, 2022 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Climate finance groups call on financial institutions to heed IPCC report urging world to stop using fossil fuels Report comes ahead of shareholder votes on fossil fuel expansion at six largest U.S. banks and major insurance companies Today the Intergovernmental Panel on Climate […]
FOR IMMEDIATE RELEASE March 21, 2022 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Climate groups react to SEC Climate Disclosure Rule WASHINGTON D.C. — Today the Securities and Exchange Commission (SEC) proposed amendments to its climate disclosure rule that would enhance and standardize businesses’ climate-related disclosures for investors. Member organizations of the Stop the Money Pipeline coalition […]
FOR IMMEDIATE RELEASE *Interviews available January 19, 2022 Contact: Jackie, jackie@stopthemoneypipeline.com Stop the Money Pipeline coalition members respond to Citigroup’s new climate targets NEW YORK — Today Citigroup launched its initial roadmap to achieve net-zero in its energy and power portfolios. With these targets, Citigroup becomes the first major US bank to set […]
It’s been quite the year for all of us at Stop the Money Pipeline. On the one hand, the climate crisis has only escalated ― 2021 was yet another year of historic wildfires, floods, droughts and hurricanes across the world. Yet, on the other hand, the climate movement continues to grow in power and influence. […]