Category Archives: In The News

Stop The Money Pipeline Coalition Issues Statement Ahead of Biden’s Executive Order on Climate-Related Financial Risk 

FOR IMMEDIATE RELEASE  May 20, 2021 Contact: Jackie Fielder,   Stop The Money Pipeline Coalition Issues Statement Ahead of Biden’s Executive Order on Climate-Related Financial Risk  Coalition representing more than 160 groups expects Executive Order to ensure all U.S. financial institutions are firmly on a path to real zero greenhouse gas emissions before COP26 […]

World’s lead oil demand agency releases new pathway to avoid climate collapse: no new fossil fuel extraction

IEA’s first 1.5°C-aligned scenario bolsters call for no new fossil fuel extraction IEA must now make it central to its flagship WEO and fix remaining model flaws Today, the International Energy Agency (IEA) released a special report, “Net Zero in 2050: A roadmap for the global energy system,” that represents the agency’s first ever effort […]

IEA Press Release

FOR IMMEDIATE RELEASE  Tuesday, May 18th 2021   Stop The Money Pipeline Coalition Responds to International Energy Association’s Call to Stop New Oil Investments to Hit Net-Zero Emissions Marking a major milestone for climate justice and financial sustainability advocates, the International Energy Association called for an immediate end to all financing of new fossil-fuel supply […]

Global protests target banks funding Line 3 pipeline

SAN FRANCISCO – Today across 8 countries, 4 continents, and 50 U.S. cities, hundreds of climate and Indigenous rights activists are protesting 20 banks that have backed loans for Enbridge, the company constructing the Line 3 tar sands pipeline through Anishinaabe territory in Minnesota. The protests feature elaborate and artful displays such as a body […]

Global day of action targets banks funding Line 3 pipeline

SAN FRANCISCO – Beginning Thursday May 6 5:00pm PDT, Stop the Money Pipeline is organizing a #DefundLine3 Global Day of Action (May 7) with protests at bank branches in Japan, Switzerland, Sierra Leone, Costa Rica, the UK, Holland, France and Canada, as well as about 50 cities in the U.S. The actions aim to pressure […]

Join the #DefundLine3 day of action on May 7th

Since the #DefundLine3 campaign launched in February, bank executives have received more than 700,000 emails, 7,000 calendar invites and 3,000 phone calls, demanding that they stop funding Line 3. There have been protests at bank branches in 16 states. Collectively, we’ve raised more than $70,000 for those on the frontlines. Now, we’re pulling all of that […]

Canadian Energy Regulator Approves Trans Mountain’s Request to Keep Insurers’ Identities Secret

Coalition Denounces Decision, Pledges to Ramp Up Pressure on Remaining Insurers to Cut Ties with Trans Mountain “A project which can only be insured secretly has lost its social license to operate.” April 29, 2021 – Today, the Canada Energy Regulator (CER) approved Trans Mountain’s request to hide the names of the companies providing insurance […]

New Treasury Climate Counselor Must Act Immediately to Address Climate Financial Risk

Today, members of the Stop the Money Pipeline coalition reacted to the news of John E. Morton’s appointment to serve as Climate Counselor to Secretary Janet Yellen and to lead the Treasury Department’s new Climate Hub by emphasizing the urgency with which Morton and all financial regulators must act to address the systemic risk of […]

NEW POLL: US Voters Support Strong Government and Corporate Action to Curb Wall Street’s Climate Impacts

Voters want the federal government to play an active role in reducing Wall Street’s impact on the climate and preventing climate-fueled economic crises WASHINGTON, DC — Today, a new set of polling released by Data for Progress shows that US voters overwhelmingly support the federal government taking strong action to curb Wall Street’s effect on […]

The WOW (and HOW) of Shareholder Season: A Guide for Activists

Learn how you can engage in shareholder season! Every spring, huge corporations open their doors to their investors, especially their largest investors—huge asset managers like BlackRock and Vanguard. Their investors tell them what to do — and they must respond. Watch this recording of “The WOW (and HOW) of Shareholder Season: A Guide for Activists” […]