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E-M:/ Nov. 14-15, 2008: National Day of Action against Coal and Coal Finance!



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Enviro-Mich message from "Susan E. Harley" <sharley@cleanwater.org>
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Nov. 14-15, 2008: National Day of Action against Coal and Coal Finance!

Join Rainforest Action Network, Greenpeace, Rising Tide,
Mountain Justice, Student Environmental Action Coalition (SEAC), Coal River
Mountain Watch, Ohio Valley Environmental Coalition, Southern Energy Network and
a cast of thousands as we mobilize to stop foreclosure on the climate!


Sign Up Here—www.dirtymoney.org
WHAT: Hundreds of Actions in 24 Hours against the Coal Industry and its Financiers
WHERE: Your Town USA
WHEN: November 14 & 15
CONTACT: dirtymoney@ran.org or students@sfo.greenpeace.org;
or call
1-800-989-RAIN
INFO: www.dirtymoney.org


Coal is the dirtiest of all fuels and has a huge negative
impact on the climate, yet the coal industry and elected officials are
accepting it as a solution to the climate crisis.
It’s time we stand up to say, “Don’t Foreclose the Climate!”

Here’s what we really need to save the climate: · No new coal plants
· An end to mountaintop removal
· Stop financing the coal industry
· Invest in green jobs and clean and just energy!

Here’s how you can stand up and say no to foreclosure on the climate:

1. Register your action now at www.dirtymoney.org
2. Download a toolkit at www.dirtymoney.org
3. Contact RAN at dirtymoney@ran.org or Greenpeace at students@sfo.greenpeace.org for support.
We can send you banners and fliers, as well as help you brainstorm potential actions.
4. Join one of the upcoming conference call check-ins- Oct 28th and Nov 11th

It's time to take to the streets and send the Coal Industry and its financiers a message that we will not foreclose the climate!!

Read on for more information on why you should take action on November 14-15:

Why are the Coal Industry and Coal Financiers so bad?

* ACCELERATING CLIMATE CHANGE
The Bush-Cheney Energy Plan has put over 150 new coal-fired power plants on the drawing board. Bank of America and Citi have financed billions
of dollars supporting dozens of these new coal-fired power plants. If these proposed plants are built, 600 million tons of additional C02 will
be emitted annually - negating all over efforts to curb climate change. In 2006, Citi was the top underwriter for the coal industry
with twice the amount of coal money issued as its closest competitor. Citi arranged a $37 billion loan for the buyout of top Texas polluter
TXU, which faced massive opposition from a coalition of environmental and community groups, as well as from over a dozen Texas mayors for its
proposal to build nearly a dozen new coal-fired power plants.


* DESTROYING APPALACHIA'S MOUNTAINS
Both banks are funding companies that are responsible for mountaintop removal. Mountaintop removal is the highly destructive mining process
that literally explodes the tops off of mountains. It has led to the loss of thousands of square miles of Appalachian forests and mountains
and the devastation of Appalachian communities, and yet they continue to bankroll this destruction. Bank of America and Citi have
financed billions of dollars to companies that practice mountaintop removal, including Massey Energy, Arch Coal, Alpha Natural Resources
and many more.


* VIOLATING HUMAN RIGHTS
Both Citi and Bank of America have funneled billions to Peabody Energy, the largest coal mining company in the world. For 40 years, Navajo and Hopi communities in Arizona have been ravaged by Peabody Energy's Black Mesa mine, which affects the land rights of thousands of families, drains 2.5 million gallons daily from the only community water supply and has left a toxic legacy along a 273-mile coal slurry pipeline.


* BOTH ARE LEADING FINANCIERS OF DIRTY ENERGY
Citi is a top financier to the energy industry - underwriting over $38 billion dollars in 2006. And the company's stated commitment to clean energy? Citi was the underwriter for one single transaction for alternative energy in 2006, financing 200 times as much money for dirty energy as they did for alternative energy. In 2006, Bank of America spent nearly 100 times as much money on dirty energy as for clean energy. With $1.5 trillion in assets, their new climate pledge of $20 billion over 10 years commits less than 0.2% of their assets per year to this cause.
--
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Susan E. Harley, J.D.
Policy Associate
Clean Water Action
www.cleanwateraction.org/mi <http://www.cleanwateraction.org/mi>


1200 Michigan Ave, Ste A
East Lansing, MI 48823
(517) 203-0754
(517) 203-0760 Fax
(517) 775-4254 Cell


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