Urgent: reef threat
- Details
- Published on Sunday, 29 November -0001 16:00
- Written by editor
Right now, The Bank of New York Mellon is deciding if it should give a massive bailout to Adani's troubled coal project near Australia's Great Barrier Reef.
Can you help save the reef by demanding BNY Mellon rules out funding this disastrous carbon bomb?
EXPOSED: Adani's risky coal project that could help hasten the destruction of Australia's Great Barrier Reef might be about to receive a huge lifeline from the Bank of New York Mellon -- but A, you can stop it.
You have already helped force over 100 companies to say they won’t work on Adani's Carmichael mining project. So in desperation, Adani knocked on the door of the Bank of New York Mellon, the bank founded by Alexander Hamilton (yes, that Hamilton from the global hit musical).
If this eleventh hour deal goes through it could undo so much vital work our movement has done. But it’s... not too late for you to stop it. People power has pushed the world's biggest financial institutions out of this project -- let’s do it again and demand the CEO of the Bank of New York Mellon rules out funding Adani’s dirty mine.
Add your name: CEO Todd Gibbons, rule out funding Adani’s Carmichael coal mine now!
The Bank of New York Mellon is one of the biggest US banks and also one of the least climate friendly -- it has zero policies limiting the financing of coal projects, and no intention of working towards the Paris Agreement’s climate goals. Which means the risk of Adani’s coal mine being funded is very real.
Opposition to Adani’s controversial coal project has been unstoppable. All around the world people have been standing up against Adani, like the Wangan and Jagalingou people who are the Traditional Owners of the land Adani is destroying and local communities in Godda, India, where Adani is constructing a big new coal power station.
This bank claims to be putting the future first, but if this deal goes ahead BNY Mellon will be responsible for finally giving Adani the loan it needs to get one of the largest coal mines in the world operational.
Thanks for all that you do,
Nish, Nick and the team at SumOfUs
More information:
‘Healing Country’ won’t happen while Adani proceeds to destroy our lands and waters Wangan and Jagalingou Media Statement, 8 July 2021
Who's ruled out working with Adani? Market Forces
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