Deaths, Asthma, Climate Pollution Linked To Citi’s Funding Of Gas
The lives and health of families in Texas and Louisiana are being directly impacted by Citi’s funding of nearby liquified methane gas projects (LNG), a new report released today shows. Over $36 million in health costs, two deaths, and more than 1,600 incidences of asthma symptoms per year in the region are linked to the $1.6 billion the bank has pumped into four LNG facilities in the Gulf South. The bank’s financed emissions related to these facilities is equivalent to over 6 coal plants or 6 million gasoline cars annually.
The report, Citi: Funding Fossil-Fueled Environmental Racism in the Gulf South, quantifies the projected health impacts the facilities’ permitted air pollution could have on the region and highlights three communities in the area that are fighting back against fossil fuel development.