Rising Tide Philly Targets TD Bank’s Cherry Hill Headquarters Over Investments in Tar Sands and the Keystone XL Pipeline

RT PhillyRising Tide Philly Targets TD Bank’s Cherry Hill Headquarters Over Investments in Tar Sands and the Keystone XL Pipeline

Local grassroots climate change group takes action against the largest funder of the Keystone XL pipeline and presses for a clean energy future.

Contact: Elias Schewel, Rising Tide Philly

Contact: mr.schewel@gmail.com / 267 918 9739

Cherry Hill, NJ – On August 20 at 9:00 AM, a group of citizens concerned about climate change’s effects on the Philadelphia region and on southern New Jersey will gather to peacefully protest in front of the TD Bank headquarters located at 1701 Route 70 East, Cherry Hill, New Jersey.  The protesters are pushing for TD Bank to stop its funding of tar sands petroleum extraction in Alberta, Canada, because of the threat this practice presents to the global climate and to First Nation peoples in Alberta.

TD Bank is also a major funder of the Keystone XL pipeline which would bring tar sands petroleum from Alberta to Texas to be refined and exported. “We want TD Bank to withdraw its funding from both the KXL pipeline and from tar sands extraction, now,” Rising Tide Philly organizer Kevin Starbard summed up the demands.

The Friday protest is organized in coordination with a simultaneous action of hundreds of activists mobilized by 350.org as part of the national Draw the Line weekend of action to hold President Obama accountable for his campaign promises on renewable energy.

The Rising Tide Philly protest in Cherry Hill was planned with help from citizens in Texas and Oklahoma who are fighting the pipeline as part of the Tar Sands Blockade.

Philadelphia resident Rachel Leone explained the importance of connecting TD Bank and Tar Sands extraction in the environmental movement: “Tar sands extraction is already poisoning the water supply of thousands of indigenous people in central Canada, in violation of multiple treaties, and we here in Philadelphia will continue to suffer the worsening effects of climate change, things like Superstorm Sandy, if dirty energy projects like tar sands extraction don’t stop.”

Over 69,000 people across the nation have signed CREDO’s Pledge of Resistance against the Keystone XL Pipeline. Tens of thousands more will attend nationwide Draw the Line protests meant to get the message to Obama that climate change is a major concern, and we will hold him to his campaign promises.  Until Obama’s State Department blocks the KXL Pipeline and until TD Bank divests from tar sands, Rising Tide Philly will continue to target TD Bank for their profiteering from climate disaster and genocide of indigenous people in Alberta.


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