Skip to main content

Sign up for our newsletter.

Quality journalism. Progressive values. Direct to your inbox.

For Immediate Release

Contact

Alec Connon, alec@350Seattle.org

Press Release

Seattle Activists Target Wells Fargo Over Dakota Access Pipeline Funding

SEATTLE, Washington -

Today 350 Seattle, Coalition of Anti-Racist Whites (CARW), Ndns for Justice, Seattle for Standing Rock and the 43rd District Democrats launch #DefundDAPL, a campaign to push Wells Fargo to remove its funding from the Dakota Access Pipeline. They will stage daily actions outside of the Wells Fargo Center, in downtown Seattle, between now and January 5th, when the group will be part of a day of mass account closures.

The Seattle campaign is part of a wider national push to target the investors of the DAPL, and is a response to a request from the Standing Rock Sioux to target the banks behind the project.

“Wells Fargo finances DAPL and the corporations behind the project to the tune of $467 million. The Dakota Access Pipeline is an abuse of indigenous rights, and a disaster for the climate,” said 350 Seattle’s Alec Connon.

The groups are also working in support of Councilmember Sawant’s proposed legislation to close the City of Seattle’s accounts with Wells Fargo. “Companies like Wells Fargo that invest in the Dakota Access Pipeline don’t represent Seattle’s values,” said former Seattle Mayor Mike McGinn

“In Lakota, we call water mni wiconi, the literal translation being “it gives me life.” Water, mni, is every being’s first medicine. Know water, know life. No water, no life,” said Matt Remle, member of the Lakota Nation who has worked on the proposed ordinance.

“It is important that we divest and let companies like ETP know that we will no longer be undermined by greed. We have the power to pull our money from banks that are harming Mother Earth, jeopardizing clean water & land, and treating the middle and lower class as if they don't matter. Divesting puts control back in our hands,” said Rachel Heaton, mother of two and member of the Muckleshoot Nation

As well as having a daily presence at Wells Fargo Center, the #DefundDAPL Coalition have promised rolling actions at branches across the city, and a large presence at future City Council meetings to demand that the City switches its banking to a socially responsible bank--starting with today’s City Council meeting, when Councilmember Sawant will introduce her socially responsible banking ordinance.

The campaign comes just after a number of states and cities have removed their business from Wells Fargo, as well as a recent City Council resolution and a letter from Mayor Murray to Standing Rock Chairman, David Archambault II, which expressed explicit support for the Standing Rock Sioux in their fight against the Dakota Access Pipeline.

 

###

350 is building a future that's just, prosperous, equitable and safe from the effects of the climate crisis. We're an international movement of ordinary people working to end the age of fossil fuels and build a world of community-led renewable energy for all.

Trump-Appointed Judge Permanently Blocks Biden's Oil and Gas Leasing Moratorium

Fossil fuel extraction on federal lands and waters has accounted for an estimated 25% of all U.S. carbon emissions since 2005.

Jake Johnson ·


In Landslide 1,108-to-387 Vote, Maine Nurses Reject Effort to Decertify Their Union

"They thought because we were a new union, they could manipulate Maine Med nurses and overturn our 2021 election," said one nurse. "But we just showed them the door."

Jake Johnson ·


Dems Threaten to Subpoena FTI Consulting Over 'Blanket Refusal' to Provide Info on Fossil Fuel Work

"FTI's refusal to cooperate with this congressional inquiry shows that they have something to hide, which will reveal the dangerous ways agencies like theirs have promoted fossil fuel greenwash and misinformation," said the Clean Creatives campaign's leader.

Jessica Corbett ·


Bad Day for DeSantis as 'Stop WOKE Act' Hit With Injunction, Lawsuit

"If Florida truly believes we live in a post-racial society, then let it make its case," a federal judge wrote in blocking part of the controversial law. "But it cannot win the argument by muzzling its opponents."

Brett Wilkins ·


US Judge Says Mar-a-Lago Affidavit 'Can Be Unsealed' With Redactions

"This is going to be a considered, careful process, where everybody's rights, the government's and the media's, will be protected," declared U.S. Magistrate Judge Bruce Reinhart.

Jessica Corbett ·

Common Dreams Logo