Students Protest Coal Funding at Bank of America
Protest Part of National Day of Action
More than 25 students formed a brigade outside the Bank of America on Route 1 Friday afternoon, laying down on the wet sidewalk and obstructing the entrance to protest the bank lending money to coal-mining companies.
Students for a Sustainable Future, a group composed of members from
Students for a Democratic Society, Clean Energy for UMD and the Student
Sustainability Council, organized the protest to raise awareness about
the damage coal mining has on the environment. For about 30 minutes,
students chanted and played bongo drums while holding homemade
cardboard signs with messages such as "Death to old king coal" and
"Coal is over! Fund the future."
Link to the video report.
A single student shouted, "Dirty coal!" several times, to which the rest of the group responded, "Not with my money!" The demonstrators tried to engage students and community members who walked past by distributing informational pamphlets and explaining why they were protesting.
According to the group's fliers, Bank of America lent $144 trillion to Massey Energy, Arch Coal and Peabody Energy as of April. The fliers stated the companies practice mountain-top removal, or the blasting of mountains to extract coal from the earth.
"This is the national day of action against coal finance," said Bob Hayes, a sophomore mechanical engineering major.
"Mountain-top removal is something that is not sustainable for our environment, and it directly affects communities in the area," said Emily Kloc, a senior environmental engineering major. "If I don't deal with this, the next generation will have to, assuming our environment isn't degraded by then."
The group of students, most of whom wore bright green stickers that read "No Coal," paraded down the sidewalk parallel to Route 1, passing the bars and restaurants with their signs held high, chanting, "Stop your mining. Go green. Get your coal out of my streams," before they formed a loud crowd on the bank's steps.
Two students went inside the bank and presented the assistant bank manager with 53 signed letters telling the bank they do not want it funding coal-powered plants and asking for a meeting to discuss the bank's lending practices.
When the bank declined to meet with them, the students staged a "die-in" and lay down on the sidewalk for about 15 minutes, blocking bank customers from using the bank's steps in an attempt to shut the bank down for a short time, Hayes said.
"If they ask us to get up, if they give us a legal order to leave, then we're going to do it," Hayes told the crowd.
A bank employee came outside and stood at the doorway to motion to customers walking by and inform them the bank was still open. He declined to comment.
Three Prince George's County policemen arrived, but did not take action to stop the demonstrators. Lt. J. S. Decker said he was not going to arrest anyone unless someone broke the law, which would include blocking the sidewalk or the entrance to the bank. As protesters did not block the ATMs and customers could still use a ramp to enter the bank, their actions were within legal limits, Decker said.
"We're more than happy to let the folks have their say," Decker said.
A representative from the National Lawyers Guild was at the protest as a legal observer to ensure students' First Amendment rights were protected.
Rob Helman, a sophomore accounting major and one of the students who was on the ground, said he felt "angry at the bank for supporting such an atrocity."
"I think this is a major problem about our society, and it's making our world ugly," Helman said.
During the rally, Hayes told the protesters, "You can tell Bank of America today with us that it's not OK that they're making these investments and coal is over," and encouraged them to put their money in local banks or credit unions so their money can stay in the local community.
A.J. Short, a freshman women's studies major, said the rally was "a big win" and that she hadn't expected such a big turnout.
"Next time, we will shut it down," Short said.
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10 Comments so far
Show AllNo Mo! You go! Joe plumber, please reeducate yourself.
JoePumber - I am not sure if you've done your research on clean coal, but just the term itself is a whopper of a misnomer considering it is barely feasible and would create so many waste products and consume so much energy in it's creation that this would outweigh the "clean" nature of the end product.
Not to mention that the cap and trade concept and carbon trading in general is a miserable compromise struck between politicians and rich polluters. The point is that emitting greenhouse gases should absolutely not be a "right" and when you have billionaire companies with powerful political ties willingly paying to pollute then there will be virtually no progress in reducing greenhouse gas emissions.
In fact, carbon trading policies already enacted by the EU are, as a healthily skeptical critic might expect of market-based environmental policies, riddled by corruption, environmental 'dummy' projects created by polluters, and political payoffs. There is no sign to date of a significant reduction in carbon emissions as a result of such.
the problem with student protesting (as I am a student 'protester' myself) is that corporate media denies coverage of it almost completely. Like the march on washington a couple of years ago, barely got even a nod on the news, if at all...I haven't given up but it seems to be more of a grassroots approach these days...any ideas?
dont feed the BOA constricter...
I thought student activism was dead. Welcome back!
One hundred and fourteen TRILLION?? Do you know how much money that is? Bank of America loaned the coal companies that much money? That must mean they expect to get it back with interest. Somebody is getting really really rich off this deal.
It's great to see the younger generation standing up to them. Keep at it. My generation brought the nukes to a standstill (and they better stay still, too) - so don't give in.
I wonder how many hungry people you could feed for $114 trillion . . . .
Get a grip! You can't figure this out? That is a typo! Bank of America does not have $114 trillion to lend. The USA does not have $114 trillion to lend. Our GDP in 2007 was only $13.78 trillion.
Clean coal is the answer.
Obama supports a cap-and-trade system in which the rights to emit greenhouse gases can be bought and sold, and he said he hopes to fund clean-coal technology with some of the resulting revenue.
When it has all turned to shit I hope I meet Paulson in the street full of garbage.
Way to go, you guys are awesome !
END MOUNTAIN TOP REMOVAL http://www.wisecountyissues.com