Tag: New York City

SF and NYC: Climate Fighters Disrupt Private Equity Event Demanding End to Fossil Finance!!

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cross-posted from Oil and Gas Action Network

Climate fighters in the Bay Area crashed the “Responsible Investment Forum” in San Francisco – demanding that Private Equity and ESG stop funding the Climate Crisis.

In New York City, more climate and social justice fighters showed up at private equity conference demanding that retirement funds for teachers, nurses and firefighters NOT be used to fund fossil fuel projects.

 

From the Private Equity Stakeholder Project:

“Private equity is buying up excessive amounts of fossil fuel assets – oil wells, pipelines, power plants, operating them out of the public eye and exploiting gaps and loopholes in regulation.

The billions of dollars private equity firms are spending to drill, frack, and burn fossil fuels stand in stark contrast to what scientists say is necessary to avoid catastrophic climate change. The health and well-being of communities of color are particularly affected by the environmental harms of their polluting fossil fuel assets right now.

To make matters worse, private equity is investing in climate chaos using the retirement money of millions of workers – including teachers, nurses, and firefighters in public service jobs – putting the retirement savings of ordinary people at risk as society seeks to move beyond fossil fuels to a clean energy economy.

As other financial actors like banks, insurance companies or utilities attempt to shed polluting assets, private equity asset managers have bought them and operated these fossil fuel assets out of the public eye and beyond the oversight of financial regulators.”

Of Pipelines and Banks, Climate Uprisings in New York!

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Nationally, the climate movement is organizing and growing quickly after years of treading water. The combination of the Green New Deal, the youth-led climate strikes, and radical demands for climate action from Extinction Rebellion to frontline communities across the world, has energized the movement to begin to meet the problem at the scale of what is needed.

And in the midst of it New York City’s climate movement is rising!

This week has been big. The long term campaign led by a robust local coalition, against the billion dollar Williams Pipeline scored a major victory as the State of New York rejected the company’s permit application (albeit temporarily). The project “fails to meet New York State’s rigorous water quality standards,” the department said.

The pipeline was planned to run 37 miles, connecting natural gas fields in Pennsylvania to New Jersey and New York. Its operator, the Oklahoma-based Williams Companies, pitched it as a crucial addition to the region’s energy infrastructure, one that would deliver enough fuel to satisfy New York’s booming energy needs and stave off a looming shortage.

And the battle is not over as the pipeline is still awaiting permits from the state of New Jersey.

Image via Erik McGregor.

Another NYC centered campaign slowly building steam has been targeting the largest funder of fossil fuels…. JPMorgan Chase (JPMC). For almost two years, campaigners with Rainforest Action Network, 350 Seattle, a host of Indigenous groups and others have been making life hell for Chase CEO Jaime Dimon, other top execs, board members and various Chase branches around the country.

In New York, organizers have focused on the company’s headquarters in midtown Manhattan with action after action. This week, climate activists erected and scaled a 24-ft tall steel tripod directly in front JPMorgan Chase bank’s headquarters, protesting their egregious funding of fossil fuels.

As one organizer said:

“we’re here to tell them we won’t put up with business as usual. While more species are going extinct, wildfires ravage the west, cities are lost to sea level rise and more water is polluted from spilled pipelines, we call on CEO Jamie Dimon of Chase Bank, the world’s biggest funder of fossil fuels, to stand on the right side of history.”

Currently, the global political establishment is being woken up to the climate crisis. New York is often seen as a center for media, finance, corporate power, national and global politics, etc, and as campaigns, local and globally heat up than New York becomes an increasingly natural place for climate uprisings.

Mass Climate Protest Disrupts NYC Financial District — Hundreds Risk Arrest

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Thousands Flood Wall Street With Mass Sit-In for Climate Justice

For immediate release:

Thousands ‘Flood’ Financial District Following Sunday’s Historic March

Interviews available upon requests

Photos available here

New York, NY — 3,000 people dressed in blue are currently between Exchange Place and The Bull in Manhattan’s financial district, sitting down to interrupt the business day and targeting corporations and businesses financing and fueling the climate crisis.

“Communities that are first and most impacted by storms, floods and droughts are also on the frontlines of fighting the dig-burn-dump economy causing climate change,” said Michael Leon Guerrero of the Climate Justice Alliance. “We are flooding Wall Street to stop its financing of planetary destruction, and to make way for living economies that benefit people and the planet.”

“Many of us were also involved with Occupy Wall Street,” said Michael Premo, an organizer of Flood Wall Street and a Brooklyn-based artist. “Just like the financial crisis, the climate crisis is a product of an underlying political crisis. It’s the result of policies that serve the shortsighted interests of the few over the survival and well being of everyone.”

Yesterday’s historic 400,000-person march showed widespread support for action on climate change, and Flood Wall Street is confronting those who stand in the way of change and connecting the climate movement with a long tradition of nonviolent direct action.

“Throughout history, people have engaged in nonviolent civil disobedience in response to moral crises, when political leaders have failed to act,” said Vida James, a Flood Wall Street organizer. “What could constitute more of a moral crisis than the health and survival of our planet, our communities, and our grandchildren?”

Art, music, and giant visuals are prominent features of the festive demonstration, beginning the day with the Rude Mechanical Orchestra, a local activist marching band. Nearly a hundred people carried a 300-foot banner that read: “Capitalism = Climate Chaos — Flood Wall Street,” among many other visuals.

The day began with speakers from around the world that have been impacted by climate change, emphasizing that leadership on climate justice must come from below.

“The real solution to global warming is organizing workers worldwide for the construction of a new model, with justice, equality and respect for life,” said Elisa Estronioli, a Brazilian land-rights activist.

More updates coming.

MEDIA ADVISORY
September 22, 2014
Phone: (406) 356-6316
floodwallstreet@riseup.net
http://floodwallstreet.net

Join Us As We “Flood Wall Street” in New York City on Sept 22 at 9am

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#FWS~ STOP CAPITALISM. END THE CLIMATE CRISIS. ~

As world leaders meet in New York for a historic summit on climate change, communities across the globe will flood financial centers to confront the corporate and economic systems that are causing the climate crisis.

Join a united global movement to attack the root causes of the climate crisis and build an economy based on justice and sustainability. We need climate justice. Take action in solidarity with communities on the frontlines of the climate crisis for a day of:

Massive Coordinated Direct Actions
Against Climate Profiteers
NYC Sept 22
In financial and political centers around the world – Flood, blockade, sit-in, and shut down the institutions that are profiting from the climate crisis.

Wear BLUE.

THIS IS PART OF THE WEEK OF ACTION FOR CLIMATE JUSTICE
September 17-24, 2014

RSVP HERE

9:00am – Converge at Battery Park – Breakfast, Music and Speakers: Ta’kaiya Blaney, Naomi Klein, Rebecca Solnit and more
11:00am – Nonviolent Direct Action Training and March
12:00pm – Massive Sit-in to Flood Wall Street

Get support for your action or find one to join at the Direct Action Support Hub:

http://www.beyondthemarch.org/

Climate Justice Alliance Call to Action:

http://www.ourpowercampaign.org/peoplesclimatemarch/

People’s Climate March:

http://peoplesclimate.org/march/