Today marks the close of the public comment period on a proposed rulemaking from the Department of Labor that would restore flexibility to managers of pension funds and retirement accounts to consider the environment, social justice, and corporate…
Fossil-Free Finance
Fossil-Free Finance
We're pushing major Wall Street companies to stop financing fossil fuel expansion and help accelerate the transition to a clean energy economy for all.
Everyone knows about the fossil fuel industry’s role in the climate crisis. But there’s another, lesser-known culprit: Wall Street. Join the growing movement telling Wall Street to move money out of dirty energy projects and scale up financing for clean energy instead. Sign the petition to tell America’s largest banks to stop funding fossil fuels!
Press Releases
New report finds that if US financial institutions were a country, they would be the fifth worst carbon emitter in the world, or just below Russia, in annual net emissions of CO₂;
Despite CEO Larry Fink’s supposed commitment to climate leadership, BlackRock is leading a group of investors in a $15.5 billion deal with Saudi Aramco to support the fossil fuel giant’s massive planned expansion of gas pipelines.
Today, President Biden renominated Jerome Powell to continue in his current role as Chair of the Federal Reserve. He also nominated Lael Brainard, who currently serves on the Federal Reserve Board of Governors, as Vice Chair.
This morning, Dr. Saule Omarova will face the Senate Banking Committee for a hearing on her nomination to be Comptroller of the Currency.