Federal Reserve Funds Climate Crisis

Federal Reserve: Divest Now!

Join us as we stand out in front of the Federal Reserve Bank to demand divestment from fossil fuel investments. Sign up to attend, email jamesfcomiskey@gmail.com if you want to be part of the statement piece (billionaire or youth), email gnoyes@oakdev.com to be a part of the Red Rebel Brigade.

The Fed is funding the climate crisis, financing the extinction, and selling our futures to corrupt investments for financial criminals. We will be staging a small demonstration about how the Federal Reserve and big banks are destroying the future and dreams of our youth.

Read more about it here, in an op-ed by Senator Markey for The Globe:

"Banks that significantly invest in emissions-intensive projects are endangering us on two counts: first, by continuing to fuel the climate crisis already wreaking havoc on the economy; and second, by exposing all their customers to the risks of tying up investments in the outdated fossil fuel projects that will not survive in a clean-energy economy. The top four financiers of fossil fuels globally are all American banks — JP Morgan Chase, Citi, Wells Fargo, and Bank of America — with $975 billion of financing committed to fossil fuel life-cycle projects from 2016 to 2020. That’s nearly a trillion dollars tied up in risky projects that are incompatible with the scientific targets in the Paris climate agreement and the pledges made by the United States and countries around the world."

"Climate change is a destabilizing force that impacts all facets of our lives. It disrupts weather patterns, food systems, national security, and public health. Through heat waves, wildfires, storms, rising seas, and other disasters, it heightens our exposure to many kinds of threats — both physical and fiscal. We need a whole-of-government response to defend against this upheaval on every front. Our banking authority, the Federal Reserve, must take an active role in protecting the banking system, and all those who depend upon it, from financial risks fueled by climate change."

Meet at 1:00 in front of 600 Atlantic Ave, Boston, MA 02210, across the street from South Station.

Love and rage!