Tell big banks: On December 15, say no to the Keystone XL pipeline!
This is a defining moment for the climate. On December 15, JPMorgan Chase, Wells Fargo and 17 other major global banks face a crucial choice.
Will they continue to finance the Keystone XL pipeline?
Will they continue to fund toxic tar sands oil?
Will they continue to fund Indigenous rights abuses?
Will they continue to profit off climate chaos?
. . . or will they Do the Right Thing?
By financing TransCanada, the company behind the pipeline, major banks are funding the Keystone XL tar sands oil pipeline. But on December 15, two credit facilities totaling $1.5 billion will expire. These credit facilities will provide the funds for TransCanada to build the KXL pipeline.
That means it’s up to these 19 big banks, with JPMorgan Chase in the lead, to decide whether or not to renew.
The time is now to add your voice!
Let’s send a message, loud and clear:
NO Business as Usual.
NO Climate Chaos.
NO Violation of Indigenous Rights.
Tell JPMorgan Chase and their 18 peer banks to #DefundKXL by saying NO to TransCanada.
To the CEOs of JPMorgan Chase and 18 other major global banks that fund TransCanada’s $1.5 billion revolving credit facilities, which are set to mature on December 15th, 2017:
Your bank supports TransCanada as a lender to two revolving credit facilities for TransCanada’s general corporate purposes — which include, the Keystone XL tar sands pipeline. We demand your bank exit these revolving credit facilities and all financing relationships with TransCanada. Until you end this business relationship, your institution contributes to the Indigenous rights violations and climate impacts of this project, and the extraction of the tar sands at large.
We call on you to refrain from financing Keystone XL and TransCanada going forward. Exit TransCanada’s revolving credit facilities ahead of December 15th, and align your institution with Indigenous human rights and a stable climate.