Bank of America received almost $200 billion in bailout money — and now that money is leveraging the construction of new coal plants. Coal is the single biggest cause of global warming and Bank of America is one of the leading funders in the industry.
Coal is the absolute wrong answer to our energy challenges. Burning coal is about the dirtiest way to make electricity. Coal-fired power plants currently account for 40% of our nation's carbon dioxide emissions, the leading cause of global warming. Coal-fired power plants release millions of tons of sulfur dioxide and nitrogen oxides, as well as close to 100,000 pounds of mercury (a very dangerous neurotoxin), every year.
Now that taxpayers own a stake in Bank of America, we must stop the investment in dirty energy that is destroying our climate. We have joined with our friends at Rainforest Action Network to tell Bank of America no more investment in coal power.
Tell Bank of America to stop financing coal-fired power and invest in clean energy instead.
Thank you for working to build a better world.
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