Many Minnesotans concerned about clean air and climate change cheered when Minnesota Public Radio's Elizabeth Dunbar (and other reporters at additional media outlets) reported Xcel plan would retire part of coal power plant by 2026.
Via the Rochester Post Bulletin, Dunbar has more in Xcel plan 'focuses on future' without coal.
For MN 350 , that news isn't enough. It's out will a new report detailing how two Minnesota-based banks have hope to profit from "climate chaos." The organization tweeted at us about it:
How @usbank and @WellsFargo finance climate chaos http://t.co/yUEFZ0BmNi #tarsands #DirtyCoal #ActOnClimate @sallyjos @StarTribune @350
— MN350 (@MN_350) October 5, 2015
Since the activists also sent a press release, we publish the report below, as much we dislike troll-attracting group tweets. Climate change itself is deeply concerning. From the press release:
Minnesota banking giants Wells Fargo and US Bank invest billions in some of the industries that are causing runaway climate change including tar sands oil development, mountaintop coal removal and fracking, according to a new report by local climate change activist group MN350.
“Despite their stated concern for the community and environment, Wells and US Bank are putting their financial might behind deadly and dying industries that disproportionately pollute communities of color and put life as we know it in peril,“ said Ulla Nilsen, a MN350 member who co-authored the report. “The economics of a clean energy economy get better every day and would make a better investment than extreme fossil fuels.” ...
Here's the report:
Image: artwork from the report.
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