Maybe ask them to stop financing Big Coal……? 
Congratulations, you own a gigantic multi-national bank! The American public now owns 36% of Citigroup–one of the leading financiers of dirty coal (like Duke Energy’s Cliffside plant).
The American public now owns 36% of Citigroup–one of the leading financers of dirty coal.
Now that you’re an owner you can write to the bank’s Shareholder Relations department and tell them to stop funding the expansion of coal.
You have an unprecedented opportunity to stop the investment in dirty energy that is behind so many of the struggles to stop big coal that you’ve seen and helped support across the country over the past couple of months.
I should tell you, however, that Citi doesn’t seem to want to hear from its new owners. Today I went to Citi’s annual shareholder meeting in New York City. I noticed that the bank forgot to invite you, and the rest of its new owners, to the meeting.
Today Citi executives were met by RAN and New York PIRG activists demanding that the bank stop funding destructive dirty energy projects, and start funding the renewable energy projects of the future.
But Citi needs to hear from more than just the few of us who made it to the event. The bank needs to know that thousands of its newest owners want a real voice and don’t want any more investment in dirty coal.
Great blog, but it’s not just about owning a bank. It’s about voting with your banking dollars. Every time you put a dollar in a bank – even in a checking account – the bank is putting that dollar to work. Everyone should be asking their own bank, “What are you doing with my dollar?”
NYC activists will continue to take these banks to task for their investments in dirty energy, which are not merely bad for the environment, but are bad for their bottom line. NYPIRG, RAN, and the Sierra Club are going to rally against JP Morgan Chase, one of the country’s largest financiers of coal-fired power plants. We need to send a strong message to these banks that the public wants investments in the future, a clean energy future, and not more of the same ole investments in dirty fossil fuels.
Please join NYPIRG, RAN, and the Sierra Club to tell JP Morgan to “Invest in our Future, Invest in Clean Energy!”
When: Tuesday, May 19th, 9am – 12pm
Where: 1 Chase Manhattan Plaza, NY, NY 10005 (site of JP Morgan Chase AGM)
For more information, please email Schuster.Lauren@gmail.com