Friday, July 10, 2009

Tell JPMorgan Chase to Stop the Strip Mining!

Together, you and I are going to stop mountaintop removal coal mining this year. That's right, we are. It is time to end the human and environmental tragedy that is mountaintop removal by getting our powerful banks and our political leaders to take action.

Today, the most powerful thing you can do is target the big Wall Street money behind mountaintop removal. Tell Jamie Dimon, the CEO of JPMorgan Chase, it is time for Chase to end its enormous financing of the brutal practice of mountaintop removal.

Add your name to the petition to Jamie Dimon and tell him to stop funding mountaintop removal now. We will deliver your petitions in person. Together we can show the CEO just how big the opposition to mountaintop removal has become.

We know we can end the financing of mountaintop removal because the banks are already listening to you.

Citi and Bank of America, two other large financiers of mountaintop removal coal mining, have already bowed to your pressure and started to move. Thanks to your activism, Citi confirmed last week that it has developed a policy to more closely scrutinize MTR companies seeking financing. They haven't released a public version yet, so we can't give it much credence, but it demonstrates how your action has turned the tide on this issue. And, Bank of America, last December, also announced a policy to phase out financing for some of the most egregious companies that practice mountaintop removal coal mining.

Your pressure gets noticed and gets results. Together, we can end the worst form of strip mining on earth, happening right here at home in Appalachia. Let's keep turning up the heat on the bankers and political backers to make an end to this destructive practice a reality.

Thank you,

Bill Barclay
Global Finance Campaign Director
Rainforest Action Network

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