January, 13 2017, 02:00pm EDT
![Friends of the Earth](https://assets.rbl.ms/32012633/origin.png)
For Immediate Release
Contact:
Tara Houska, National Campaign Director, Honor the Earth, tara@honortheearth.org
10 Banks Financing Dakota Access Pipeline Decline Meeting with Tribal Leaders
One month after the pipeline was effectively put “on hold” by the Army Corps of Engineers, major commercial banks are still banking on the project -- and losing thousands of customers a week as a result.
CANNON BALL, N.D.
For the last six weeks, a global coalition has been pressuring banks providing project loans to the Dakota Access Pipeline to renegotiate or cancel their loans. In December, the Standing Rock Sioux Tribe and other Indigenous leaders requested that each of these banks meet with tribal representatives to hear their concerns.
The deadline for banks to respond to the Tribe's meeting request was January 10, and as of this statement:
- Four banks have declined: BayernLB, BNP Paribas, Mizuho Bank, and Suntrust
- Six banks have not responded at all: Bank of Tokyo-Mitsubishi UFJ, BBVA Compass, ICBC, Intesa Sanpaolo, Natixis, and Sumitomo Mitsui Banking Corporation
- Seven banks have met or agreed to meet with the Tribe and its allies: Citi, Credit Agricole, DNB, ING, Societe Generale, TD, and Wells Fargo
In response, organizers are escalating their pressure on banks that refuse to engage. The Indigenous coalition at Standing Rock has a running billboard in Times Square asking millions of people to #DefundDAPL. Organizers continue a drumbeat of protests and bank occupations, along with brand-damaging campaigns that have already led to the closure of thousands of accounts worth a self-reported $46,314,727.18.
Protests have increased in fervor and frequency over the last few weeks, including multiple occupations of Wells Fargo, US Bank and Citibank branches, as well as a daring banner drop during a nationally televised Vikings/Bears NFL game at US Bank Stadium in protest of their bankrolling of DAPL project sponsors Sunoco Logistics and Energy Transfer Partners.
Backed by hundreds of thousands of online signatures and commitments to #DefundDAPL, organizers from more than 25 grassroots groups vowed the campaign will continue and intensify in the coming weeks, building up to a planned "global week of action" unless all 17 of the banks act. The ask for the banks is to discontinue loan disbursements in consultation with Native leaders until outstanding issues are resolved, and Free, Prior and Informed Consent from Indigenous peoples is upheld.
Standing Rock Sioux Tribal Chairman Dave Archambault II said: "We are pleased that some of the banks behind DAPL are willing to engage Standing Rock Sioux leadership, but maintain that all 17 should not be helping a company who deliberately ignores our concerns. We call on the remaining banks to agree to a meeting with the Tribe. We know that they have heard Energy Transfer Partners' side of the story, and they need to hear our perspective as well."
Ladonna Bravebull Allard, Sacred Stone Camp said: "I want the banks to know that the power of their investment comes from the people, and the people are saying we have the right to water, and we will stand for the water. Stop investing in destruction of the earth."
Tara Houska, National Campaigns Director, Honor the Earth said: "This movement has shown again and again that the power and strength of the people is incredible. Banks need our dollars to make their investments. We can and must hold these financial backers accountable for supporting destruction of our shared planet and futures. Move past dated fuels and justly transition to a green economy."
Eryn Wise, International Indigenous Youth Council said: "What began as a protection of the earth has now become a reclamation of power. We are demanding that our interests as a prospering people be put before banks and their investments. We hold in our hands the ability to encourage divestment to the point of fruition and we will not back down."
Dallas Goldtooth, Keep it in the Ground Organizer, Indigenous Environmental Network said: "As a movement to stop this dirty Bakken oil pipeline, we are demonstrating the inherent power of organized communities and mobilized citizens. We are showing Big Oil and government leaders that we know the power of our capital, and as such we collectively choose to invest in life and water, not death and oil. As first peoples of the land and in defense of our Indigenous rights, we will continue to rise, resist, self-determine and divest until the Dakota Access pipeline is nothing but the defeated aspirations of a Energy Transfer Partners' dream."
Judith LeBlanc, Director, Native Organizers Alliance said: "The Standing Rock Sioux Tribe has a spiritual obligation to protect the Missouri River for all. The best way for the banks to meet their obligation to protect their investor's interest is to meet with the Tribal leadership. Mother Earth and all of our ancestors deserve the opportunity for an exchange on our shared moral obligations to protect Mother Earth for generations to come."
Sara Nelson, Executive Director, Romero Institute and the Lakota People's Law Project said: "We are moving our financial accounts from Wells Fargo to a local bank that does not invest in companies who violate Indigenous rights and environmental impact requirements, and will not endanger clean water for millions of people. We want our money used to support positive solutions for our children's future, not to float big companies who send oil overseas, make the American people pay for inevitable spills, and generate profits for banks and billion dollar global companies."
Leila Salazar Lopez, Executive Director, Amazon Watch said: "From Standing Rock to the Amazon, Indigenous peoples are defending their territories and providing a model for a fossil free world. It's time banks listen to Indigenous peoples and their allies in our call to Keep It In The Ground."
Lindsey Allen, Executive Director, Rainforest Action Network said: "Investing in a project of Energy Transfer Partners, a company that has abused Indigenous and human rights, was a big mistake. These banks now have a chance to fix it by meeting with the Standing Rock Sioux, and upholding Free, Prior and Informed Consent from Indigenous peoples."
Dr. Gabriela Lemus, President of Progressive Congress Action Fund said: "No bank should support poisoning communities' land and water- yet too many banks still have investments in Energy Transfer Partners and the Dakota Access Pipeline. We call on these banks to divest completely. Families' lives are at risk, and that should always take priority over profits. All banks have a responsibility not only to their shareholders and customers, but to the communities that are impacted by their investments. Don't keep funding this dangerous project."
Todd Larsen, Executive Co-Director of Green America said: "Banks need to end investments that harm the rights and lives of Indigenous peoples. We call on all banks to divest entirely from the Dakota Access Pipeline. Until these banks do so, all Americans should divest their money from any bank providing financing to this ruinous pipeline."
Erich Pica, President, Friends of the Earth U.S. said: "The voices of Indigenous peoples have been ignored for too long - by the US government, corporations and big banks. By not acknowledging Indigenous peoples, or outright refusing to meet with them, these ten banks are perpetuating a pattern of colonialism and failing to respect Indigenous peoples' rights to Free, Prior and Informed Consent."
Johan Frijns, Director of BankTrack said: "The Dakota Access Pipeline project is supposed to be in compliance with the Equator Principles, and therefore guarantee Indigenous peoples' rights to be properly consulted. The refusal of leading EP banks to meet with the Sioux Tribe not only makes a complete mockery of that commitment, but also poses a severe risk to the very credibility of the Equator Principles."
Vanessa Green, Director of DivestInvest Individual said: "DAPL is simply the wrong kind of investment, and people don't want their money behind it. With government mandates to scale up clean energy investments, a market increasingly supportive of a low carbon future, and unprecedented consumer and investor interest in moving money into climate and community solutions, the question now is which banks will lose the most in this historic energy transition."
Mary Sweeters, Arctic Campaigner with Greenpeace USA, said: "People across the world have pledged their solidarity with the Indigenous communities who reject this dirty pipeline and the threat it poses to the water and climate. The banks must choose whether they want to continue to invest their money in yesterday or listen to the millions of people who stand with Standing Rock."
Lena Moffitt, Sierra Club Beyond Dirty Fuels Director, said, "People power can, does, and will continue to prevail over corporate polluters. The people will not stop until the banks financing these operations invest in our clean air and water -- not fossil fuels."
Friends of the Earth fights for a more healthy and just world. Together we speak truth to power and expose those who endanger the health of people and the planet for corporate profit. We organize to build long-term political power and campaign to change the rules of our economic and political systems that create injustice and destroy nature.
(202) 783-7400LATEST NEWS
House Dems Unveil Sweeping Bill to Protect Worker Rights and Safety
"This bill will help level the playing field and, once again, restore the balance of power between workers and their employers," said Rep. Bobby Scott.
Jul 26, 2024
A group of Democratic U.S. House members on Friday unveiled legislation "aimed at bolstering protections for America's workers and ensuring accountability for employers who flout labor and employment laws."
The Labor Enforcement to Securely (LET'S) Protect Workers Act was introduced by Rep. Bobby Scott (D-Va.)—the ranking member of the House Committee on Education and the Workforce—and House Labor Caucus Co-Chairs Mark Pocan (D-Wis.), Debbie Dingell (D-Mich.), Donald Norcross (D-N.J.), and Steven Horsford (D-Nev.).
The bill's sponsors said their legislation is based on the premise that "employment laws are a promise to our nation's workers" meant to "secure the most basic rights of work."
"That promise is broken," they contended. "Recent shocking revelations about massive increases in the number of children illegally overworked and trafficked into dangerous jobs—just over 85 years since the passage of the Fair Labor Standards Act, which was enacted to eliminate that very problem—is the latest example of the ways that this promise to America's workers is broken."
Across the U.S., Republican state lawmakers have been advancing legislation to remove restrictions on child labor, despite several high-profile workplace deaths of minors. At the federal level, Sen. James Risch (R-Idaho) and Rep. Jared Golden (D-Maine) last year introduced a bill that would allow 16- and 17-year-olds to work in the logging industry.
The LET'S Protect Workers Act sponsors highlighted rampant wage theft and overtime violations, workplace injuries, and union-busting by employers who "know that even if a resource-starved Department of Labor catches a violation, the penalties are a mere slap on the wrist."
"People should be able to come home at the end of the day—alive, well, in one piece, and with all the wages they worked hard to earn," the lawmakers asserted. "Children should be in schools, not dangerous workplaces, and workers should be able to organize a union without interference or the threat of retaliation from their employers."
According to House Education and Workforce Committee Democrats, if passed, the LET'S Protect Workers Act would:
- Increase civil monetary penalties for violations of child labor, minimum wage and overtime, worker health and safety, and farmworker protection standards;
- Improve mine safety and reliable funding of black lung benefits through new and increased civil monetary penalties and the option to shut down scofflaw operators;
- Set new penalties for retaliation against workers who exercise their family and medical leave rights;
- Strengthen enforcement of mental health parity requirements for employer-sponsored health plans;
- Close a loophole that allows employers to escape penalties for failing to keep records of workplace injuries if [the Occupational Safety and Health Administration] does not detect the violation within six months; and
- Create new penalties for violations of the National Labor Relations Act, consistent with the Richard L. Trumka Protecting the Right to Organize (PRO) Act.
"Every American should be fairly compensated and be able to return home safely at the end of the day," Scott said in a statement Friday. "Unfortunately, shortcomings in our labor laws enable unethical employers to exploit workers, endanger children, and suppress the right to organize—with little accountability."
"That's why I'm proud to introduce the LET'S Protect Workers Act, which will hold bad actors accountable and strengthen penalties for labor law violations," he added. "This bill will help level the playing field and, once again, restore the balance of power between workers and their employers."
In a joint statement, Dingell, Horsford, Norcross, and Pocan said that "the lack of meaningful enforcement makes it all too easy for bad faith actors to get away with illegally violating workers' rights—from firing workers for organizing a union, to allowing children to work overnight shifts, or jeopardizing workers' safety by ignoring workplace regulations."
"We're proud to join Ranking Member Scott in introducing this bill to crack down on unscrupulous employers and to ensure that workers receive the protections they deserve," the lawmakers added.
Earlier this month, nearly 50 labor organizations led by the AFL-CIO and representing a wide range of U.S. workers urged congressional Democrats to resist Republican efforts to roll back rules enacted by the Biden administration to protect worker rights amid relentless attacks by abusive employers.
Specifically, the labor groups warned that Republicans are trying to use the Congressional Review Act—which was enacted to strengthen oversight of federal rulemaking—to overturn pro-worker rules enacted by the Department of Labor and other government bodies.
Meanwhile, Republicans including former President Donald Trump—the 2024 GOP nominee—have been trying to woo U.S. workers with proposals including a tax exemption for tipped employees panned as a "
hollow promise" by experts and by inviting Teamsters president Sean O'Brien to speak at the Republican National Convention last week.
In response to Republicans' dubious courting of U.S. labor, Rep. Greg Casar (D-Texas)—who is a co-sponsor of the LET'S Protect Workers Act—recently called for holding what would be a largely symbolic vote on the PRO Act. The bill was revived last year by Scott and Sen. Bernie Sanders (I-Vt.) and, if passed, would expand labor protections including the right to organize and collectively bargain.
"If Republicans wanna talk like they're pro-worker, then let's have a vote on the PRO Act next week," Casar
said on social media last week. "Let's see which politicians are for unions and which ones are all talk. Dems are ready to vote, how about you guys?"
Keep ReadingShow Less
Amnesty Urges War Crimes Probe of Landmines in Russian-Occupied Ukraine
"In every region in Ukraine that was formerly occupied by Russia, we have seen evidence of civilians killed and injured by antipersonnel mines left behind by Russian forces," said one researcher.
Jul 26, 2024
Amnesty International on Friday demanded a "prompt, thorough, independent, and impartial investigation" into the use of antipersonnel landmines, "which litter territories in Ukraine formerly and currently occupied by Russian forces."
The Landmine and Cluster Munition Monitor says that Ukraine is "severely contaminated" with antipersonnel landmines, which Russia's troops have used since 2014, but particularly since Russian President Vladimir Putin's full-scale invasion in February 2022.
"Landmines have been documented in 11 of Ukraine's 27 regions: Chernihiv, Dnipropetrovsk, Donetsk, Kharkiv, Kherson, Kyiv, Luhansk, Mykolaiv, Odesa, Sumy, and Zaporizhzhia," according to the monitor's latest update, published in November. "Russian forces have used at least 13 types of antipersonnel mines in Ukraine since February 2022."
Ukraine is a state party to the Convention on the Prohibition of the Use, Stockpiling, Production, and Transfer of Antipersonnel Mines and on Their Destruction of 1997 but lacks legislation to enforce its implementation. Human Rights Watch last summer gathered evidence of the Ukrainian military's use of the banned mines. Russia is not a party to the treaty.
Patrick Thompson, a Ukraine researcher at Amnesty, said Friday that "in every region in Ukraine that was formerly occupied by Russia, we have seen evidence of civilians killed and injured by antipersonnel mines left behind by Russian forces."
"They are a daily, deadly threat to civilians. Some have been deliberately placed in civilian homes where they maim and kill," Thompson highlighted. "There must be an effective investigation into all such incidents as possible war crimes."
The group shared just one survivor's story of encountering a mine:
In March 2022, Russian forces evicted Oleksandr* (not his real name) and his mother from their flat in Snihurivka, in the region of Mykolaiv. A Russian military unit took over the entire apartment block until it was forced to withdraw following fierce fighting around Snihurivka in November 2022.
After the Russian retreat, Oleksandr returned to the apartment block to assess how badly it had been damaged. Upon entering the basement, he stepped on a disguised PFM-1 antipersonnel mine that had been placed under wooden planks. The mine exploded, Oleksandr fell, and landed on other disguised mines that had apparently, had been deliberately placed to injure or kill anyone entering the building. He lost both his left leg and arm in the incident.
“The deminers working to clear Ukraine of this threat are carrying out painstaking, dangerous work every day," Thompson noted. "While the scale of the problem is undeniably huge, the biggest obstacle to clearing Ukraine of landmines is Russia's ongoing aggression."
Thompson called on the international community to "commit to sustained financial and technical assistance to help Ukraine get rid of a danger that continues to wreck lives and livelihoods," and to continue fighting for an end to the use of the weapons.
"Countries must uphold the ban on the use, production, stockpiling, and transfer of antipersonnel mines worldwide," he said. "There must be an end to the use of such indiscriminate weapons."
The most recent report from the United Nations Human Rights Monitoring Mission in Ukraine states that the war has killed at least 11,284 civilians there since 2022 and injured another 22,594—though the actual tallies are believed to be "considerably higher."
"The number of civilian casualties is likely particularly undercounted in cities such as Mariupol (Donetsk region), Lysychansk, Popasna, and Sievierodonetsk (Luhansk region), where there was protracted intensive fighting at the start of the armed attack in 2022," according to the report.
While most of the deaths and injuries in Ukraine are attributed to "explosive weapons with wide area effects," the U.N. report accounts for at least 373 deaths and 855 injuries from "mines and explosive remnants of war."
Keep ReadingShow Less
G20 Nations Take 'Important Step' Toward Fair Taxation of Ultra-Rich
"Our proposal for a common minimum tax on billionaires is now on the map. G20 finance ministers have started to engage with it—and there is no going back," said progressive economist Gabriel Zucman.
Jul 26, 2024
Despite pushback from the United States delegation, finance ministers at a meeting of the G20 countries in Rio de Janeiro on Thursday agreed on the need to develop a global taxation system in which the richest in the world are taxed at a higher rate—potentially unlocking hundreds of billions of dollars annually to help close the international wealth gap.
Ahead of the G20 Summit scheduled for November, which Brazilian President Luiz Inácio Lula da Silva's government will host, the finance officials met this week to discuss economic issues and ultimately agreed to start a "dialogue on fair and progressive taxation, including of ultra-high-net-worth individuals."
The Lula government pushed for a proposal by progressive economist Gabriel Zucman, who serves as a G20 adviser and is a professor of economics at University of California, Berkeley.
Zucman's proposal calls for a minimum 2% tax on the fortunes of the world's roughly 3,000 wealthiest billionaires, which could raise approximately $250 billion globally per year.
"With full respect to tax sovereignty, we will seek to engage cooperatively to ensure that ultra-high-net-worth individuals are effectively taxed," the ministers wrote in a declaration that was viewed by Politico.
"Finally, the richest people are being told they can't game the tax system or avoid paying their fair share. Governments have for too long been complicit in helping the ultra-rich pay little or zero tax."
The agreement to discuss higher taxes for the rich was reached despite objections from Germany and the U.S., whose treasury secretary, Janet Yellen, said that "tax policy is very difficult to coordinate globally."
"We don't see a need or really think it's desirable to try to negotiate a global agreement on that," Yellen said at a press conference before the ministers met Thursday evening. "We think that all countries should make sure that their taxation systems are fair and progressive."
Although the agreement only states that countries will discuss the need for the wealthy to pay their fair share to help fight poverty and fund public education and other services, the global anti-poverty group Oxfam International said the meeting represented "serious global progress."
"For the first time in history, the world's largest economies have agreed to cooperate to tax the ultra-rich," said Susana Ruiz, tax policy lead for Oxfam. "Finally, the richest people are being told they can't game the tax system or avoid paying their fair share. Governments have for too long been complicit in helping the ultra-rich pay little or zero tax. Massive fortunes afford the world's ultra-rich outsized influence and power, which they wield to shield, stash, and supersize their wealth, undercutting democracy and widening inequality."
An Oxfam study released ahead of this week's meetingfound that the richest 1% of people in the world increased their fortunes by $42 trillion over the past decade, while taxation fell to "historically" low rates.
Ruiz called on G20 heads of state to "go further than their finance ministers" at the G20 Summit in November "and back concrete coordination: agreeing on a new global standard that taxes the ultra-rich at a rate high enough to close the gap between them and the rest of us."
"Brazil has kickstarted a truly global approach to tax the ultra-rich. But the work is just beginning and international cooperation is crucial," said Ruiz, adding that the task of ensuring the wealthiest people in the world are taxed fairly must not be left up to the Organization of Economic Cooperation and Development (OECD)—"the club of mostly rich countries."
Zucman expressed hope that the agreement between the G20 finance ministers marked a "historic" moment, and called it "an important step in the right direction."
"Our proposal for a common minimum tax on billionaires is now on the map. G20 finance ministers have started to engage with it—and there is no going back," said Zucman. "In its declaration, the G20 finance ministers commit to important preliminary steps. They need to do more and commit to a coordinated minimum tax on the super-rich. We know that it is practically doable—we know the solutions exist. And I'm confident, because there is overwhelming popular demand everywhere to get there."
"The status quo, in which the biggest winners from globalization are allowed to enjoy the lowest tax rates, is simply not sustainable," said Zucman.
The findings released this week by Oxfam highlighted polling that "consistently" found people across the world support raising taxes on the richest individuals.
"Eighty percent of Indians, 85% of Brazilians and 69% of people polled across 34 countries in Africa support increasing taxes on the rich," said the group. "Nearly three-quarters of millionaires polled in G20 countries support higher taxes on wealth, and over half think extreme wealth is a 'threat to democracy.'"
The Independent Commission for the Reform of International Corporate Taxation (ICRICT) applauded the agreement and called on the G20 to "go further in [the] fight to tax the rich."
"To take this forward, G20 should support work on this at the Framework Convention on International Tax Cooperation currently being negotiated at the United Nations," said Jayati Ghosh, co-chair of the ICRICT.
A U.N. committee is scheduled to submit "terms of reference" regarding a tax convention framework in August, and a final vote on the framework is expected by the end of 2025.
Keep ReadingShow Less
Most Popular