25 People Occupy Chase Bank Branch In D.C. As Climate Activists Launch A Major New Campaign Targeting The Financial Industry

| Resist!

Above Photo: Etienne/Flickr

The “Stop the Money Pipeline” Mobilization aims to end the financing of fossil fuels and deforestation.

10 People Arrested for Civil Disobedience including 350.org founder Bill McKibben, Friends of the Earth Vice President Liz Butler, Hip Hop Caucus Director Lennox Yearwood, and Divest-Invest Director Clara Vondrich

WASHINGTON – Over twenty people occupied a Chase Bank branch in Washington, D.C. today to kick off Stop the Money Pipeline, a major new activist effort going after the financial industry’s funding of climate destruction.

The action took place alongside today’s Fire Drill Friday protest at the Capitol led by Jane Fonda and allies. Fonda, Susan Sarandon, Greenpeace U.S. Director Annie Leonard, and dozens more marched down Pennsylvania Avenue from the Capitol to the Chase Bank branch to show solidarity with the protestors inside.

In the end, ten people were arrested for refusing to leave the bank when given a warning by the police. They included 350.org founder Bill McKibben, Friends of the Earth Vice President Liz Butler, Hip Hop Caucus Director Lennox Yearwood, and Divest-Invest Director Clara Vondrich.

Chase Bank is one of the three main targets for the Stop the Money Pipeline because of the bank’s outsized role in financing fossil fuel development. Since the Paris Agreement, Chase has provided $196 billion in finance for fossil fuels, 10% of all fossil fuel finance from the 33 major global banks.

Over the coming months, Stop the Money Pipeline will also be targeting two other companies that represent key pillars of the financial sector: BlackRock, the largest single investor in fossil fuels, and Liberty Mutual, a top global insurer of coal, oil, and gas. Activists also continue to put pressure on endowments, pension funds, and other major investors who haven’t yet divested from fossil fuels.

Organizations involved in the Stop the Money Pipeline mobilization include Rainforest Action Network, Sierra Club, Greenpeace USA, Sunrise Project, Future Coalition, Divest Ed, Divest-Invest, Native Movement, Giniw Collective, Transition US, 350.org, Oil Change International, 350 Seattle, Center for International Environmental Law, Union of Concerned Scientists, Majority Action, Earth Rights International, The YEARS Project, and more.

  • voza0db

    I’ve already told you guys HOW to solve the BlackRock unbalance…

    https://uploads.disquscdn.com/images/480f59dd018788678130a12217061c01c47cc58093b40dbd24372eb19eaf6be0.jpg

    But it seems that meaningless “actions” are top priorities!

  • This is well paid lies.

  • Please explain it for me – i do not understand your message.

  • Organizations involved in the Stop the Money Pipeline mobilization
    include Rainforest Action Network, Sierra Club, Greenpeace USA, Sunrise
    Project, Future Coalition, Divest Ed, Divest-Invest, Native Movement,
    Giniw Collective, Transition US, Oil Change International, 350 Seattle, Center for International
    Environmental Law, Union of Concerned Scientists, Majority Action, Earth
    Rights International, The YEARS Project, and more.

    That is where Greenpeace funding primarily is directed
    – towards raising more funds in order to pay the wages and the
    operating expenses of what has become one of the largest feel good
    organizations in the world. Let’s face it Greenpeace has become the
    generic environmental organization and people feel when they join
    Greenpeace that they are part of the solution and not part of the
    problem.

    The money all gets eaten up by bureaucrats,
    and administrators, and lawyers – that’s where the money goes. The big
    organizations, I call them ‘feel good organizations’ – people join them
    to feel good. They say, ‘hey, I’m an environmentalist, I’m a member of
    the Sierra Club,’ or ‘I’m a member of Greenpeace’.

    These are the words of Captain Paul Watson, the founder of the Society for the Protection of Marine Life, a well-known activist of movements for environmental protection and animal
    rights. Time Magazine named him “the ecological hero of the XX century”, he and his team repeatedly stopped hunting whales and other marine mammals. Since 1971, he has been one of the founders of Greenpeace, from which he was expelled in 1977.

    Machiavellianism and mysticism alike played their parts in the shaping of the
    consciousness this movement expressed. It embodied at times a religious
    fervor, at other times, a ruthlessness that bordered on savagery; it was
    born out of desperation, out of fear, out of a love that transcended
    not only the boundaries of race or creed but even mere humanness.
    Corruption and greatness both played their parts and both took their
    tolls.

    It was quote from the book “Rainbow Warriors” by Robert Hunter, also one of the founders, the first president of Greenpeace.

    Don White, who founded the organization’s U.S. branch, left in 1985 over “increasingly strained accountability to its supporters, and its accelerating drift away from wildlife issues,” and has since slammed Greenpeace USA, accusing it of “capitalizing… on
    claiming the accomplishments of others as their own while creating photo opportunities for fundraising.”

  • voza0db

    That’s the main data center they use! Where all the algos work 24/7 to screw uman animals and destroy Ecosystems around the Planet!

  • pajarito

    Solidarity and gratitude to StopTheMoneyPipeline activists and supporters for putting themselves on the line for Mother Earth. Stop the greedy fossil fuel community! Greed and selfishness are their motivation. Stand up for Mother Earth!

  • I think you feel good after this words.
    I think after this words you feel that you are part of the solution and not part of the problem.

  • Howard

    I agree we need to target the financial industry but if we really want to turn off the faucet we need government to take back the Money Power as a public utility instead of a private for-profit business.

  • Howard

    The Greeks recognized 10 centuries before Christ that the most vital prerogative of democratic governance is to issue the money. Any government that does not create and control the money is controlled by those who do. It should be We the People not they the big banks.