June, 02 2021, 11:24am EDT
![Stop the Money Pipeline](https://assets.rbl.ms/32012571/origin.jpg)
Stop the Money Pipeline Presents JPMorgan Chase Branches With "2021 Greenwashing Award"
Activists deliver hundreds of awards to Chase branches around the U.S.
WASHINGTON
Following the release of JPMorgan Chase's 2030 climate targets, people around the country will be delivering the "2021 Greenwashing Award" to more than 150 Chase branches this week. The award is presented on an annual basis to a corporation for "outstanding contributions to the field of greenwashing."
"We are awarding Chase with the 2021 Greenwashing Award as they have truly gone above and beyond this year, creating an innovative, never before seen form of greenwashing," said Stop the Money Pipeline coalition coordinator, Alec Connon. "Well, never before seen, except from every single big oil and gas company, which has been using this exact form of greenwashing for years. We're sure that's a coincidence, though. We can only imagine that this sort of creative greenwashing will inspire many other financial companies across America in the coming years."
READ THE BRIEFING ON JPMORGAN CHASE'S NEW 2030 CLIMATE TARGETS
"It's such an effective shell game that Jamie Dimon himself thinks the bank has committed to reduce total emissions in its oil and gas portfolio, to judge from his comments at the bank's shareholder meeting and in testifying to Congress in the last two weeks. Congratulations!" said Jason Opena Disterhoft, climate and energy senior campaigner with Rainforest Action Network.
WATCH JAMIE DIMON MISREPRESENT HIS OWN BANK'S CLIMATE COMMITMENTS
According to Rainforest Action Network's 2021 Banking on Climate Chaos Fossil Fuel Finance Report, Chase has financed the fossil fuel industry to the tune of $317 billion, 33% more than any other bank in the world. On May 13th, the bank released its 2030 climate targets that commit Chase to achieving a 15% reduction in the Scope 3 carbon intensity of the oil and gas firms that it finances by 2030. However, advocates have been quick to point out that reducing "carbon intensity" is not the same as reducing actual greenhouse gas emissions.
"Unless you look really closely at the fine print, you would never realize that Chase's climate commitments aren't worth the paper they are written on. That's what makes their greenwashing so impressive and worthy of this prestigious award," said Jenifer Schramm with 350-PDX, an organization that will be delivering awards to every Chase branch In Portland, OR.
Earlier this month, the International Energy Agency (IEA) released a special report, 'Net Zero by 2050,' in which the world's foremost energy forecasters modeled energy pathways that are compatible with limiting global warming to 1.5degC, the aspirational goal of the Paris Agreement. The report concluded that as of 2021, "there is no need for investment in new fossil fuel supply in our net zero pathway."
By comparison, the 2030 climate targets released by JPMorgan Chase indicate that the bank will continue to support the expansion of the fossil fuel industry for at least another decade. Despite Chase's own recent pledge to "Paris-Alignment", the IEA report makes it clear that Chase's climate commitments to funding the ongoing expansion of the fossil fuel industry are far from being in line with the goals of the Paris Agreement.
"With so many great contenders for this award, it's been an incredibly difficult decision to make. But JPMorgan Chase really has outshone the competition and has truly earned the 2021 Greenwasher of the Year Award," said Brian Wilder with Climate Action Rhode Island, a group that delivered awards to every branch in the state of Rhode Island.
The Stop the Money Pipeline coalition is over 160 organizations strong holding the financial backers of climate chaos accountable.
LATEST NEWS
'Guilty of Genocide': Tlaib Protests Netanyahu's Speech to Congress
"I will never back down in speaking truth to power. The apartheid government of Israel is committing genocide against Palestinians."
Jul 24, 2024
Following her call for Israeli Prime Minister Benjamin Netanyahu's arrest during his visit to Washington, D.C., U.S. Rep. Rashida Tlaib protested the right-wing leader's Wednesday address before a joint meeting of Congress by holding up a sign reading "war criminal" and "guilty of genocide."
"They will not erase us. Palestinians exist and we deserve to live. Our presence today will be a reminder that we aren't going anywhere," Tlaib (D-Mich.) said on social media. "I will never back down in speaking truth to power. The apartheid government of Israel is committing genocide against Palestinians."
Tlaib—the only Palestinian American member of Congress—brought a guest: Hani Almadhoun, "who has lost over 150 members of his extended family in Netanyahu's genocide" in Gaza.
"After witnessing his sister forced to eat animal feed, he and his family were determined to start a soup kitchen to feed their starving neighbors," the congresswoman said. "The Israeli apartheid regime is using starvation as a weapon of war, a war crime."
More than 135 congressional Democrats, Rep. Thomas Massie (R-Ky.), and U.S. Sen. Bernie Sanders (I-Vt.) boycotted Netanyahu's speech.
"Netanyahu is not only a war criminal. He is a liar," Sanders said on social media. "All humanitarian organizations agree: Tens of thousands of children face starvation because his extremist government continues to block aid. Israelis want him out of office. So he came to Congress to campaign."
Rep. Alexandria Ocasio-Cortez (D-N.Y.) said, "Just so we're clear, Netanyahu has lost so many people that he is addressing just a fraction of Congress."
"When this happens, they fill the seats with nonmembers, like what they do at award ceremonies, in order to project the appearance of full attendance and support."
Rep. Sara Jacobs (D-Calif.) said on social media: "I won't attend Prime Minister Netanyahu's speech today. His military has reportedly killed over 39,000 Palestinians. He hasn't brought the hostages home. He hasn't made Israel any safer. We need tangible actions to end this war and all the suffering—not performative gestures."
"It's *because* of my Jewish upbringing and values that I cannot attend Prime Minister Netanyahu's address today," she explained.
Rep. Greg Casar (D-Texas) said in statement: "I am boycotting Netanyahu's address. Today, families of Israeli hostages called the prime minister's speech a 'PR stunt' intended to cover up his own failures."
"Not only has Netanyahu failed to safely return the hostages—he has killed, harmed, or displaced nearly every Palestinian in Gaza, has failed to keep Israelis safe, and is risking the United States' own security by trying to drag us into another endless war in the Middle East," he continued.
"The United States must end unconditional military aid to the Israeli government, and instead secure an immediate cease-fire, a return of the hostages, and long-term peace," Casar added.
Rep. Jamaal Bowman (D-N.Y.) wished Tlaib a happy birthday in a social media post saying, "To my sister Rashida: You were born for a time like this."
"The only Palestinan in Congress during a genocide of your people," he added. "Sitting through a speech of that war criminal as colleagues applaud. You stand strong. We love and honor you."
Stephen Miles, president of the peace group Win Without War, said in a statement that "we are grateful to the many, many members of Congress who chose to not attend Israeli Prime Minister Netanyahu's speech to Congress today."
"This was a political stunt dreamed up by a House speaker trying to score political points and embraced by the prime minister as a desperate ploy to try and blunt the massive global condemnation and domestic political opposition he faces," Miles added. "It's a speech that never should have happened."
Vice President Kamala Harris, who is also the Senate president, did not preside over Wednesday's meeting. Harris, the presumptive Democratic presidential nominee in the wake of President Joe Biden's withdrawal from the race earlier this week, is scheduled to meet privately with Netanyahu on Thursday.
Netanyahu's speech—which was met with frequent uproarious applause from lawmakers and other attendees—took aim not only at Hamas "monsters," but also against "Iran's axis of terror," which he said "confronts America, Israel, and our Arab friends."
"This is not a clash of civilizations, it's a clash between barbarism and civilization, between those who glorify death and those who sanctify life," said the leader of a nation whose armed forces have killed or wounded more than 130,000 Palestinians in Gaza.
Netanyahu condemned what he called the "slanders that paint Israel as racist and genocidal" that are "meant to demonize the Jewish state and demonize Jews everywhere."
Taking aim at pro-Palestinian protests across the United States— many of them Jewish-led—Netanyahu lamented that "many anti-Israel protesters choose to stand with evil. They stand with Hamas. They stand with rapists and murderers."
"For all we know, Iran is funding the protests that are taking place outside right now," Netanyahu said, citing unsubstantiated Biden administration claims. "When the tyrants of Tehran, who hang gays from cranes and murder women for not covering their hair, are praising, promoting, and funding you, you have officially become Iran's useful idiots."
"Some of these protesters hold up signs proclaiming, 'Gays for Gaza,'" he mocked. "They might as well hold up signs that say, 'Chickens for KFC!'"
"These protesters chant, 'From the river to the sea,' but many don't have a clue what river and what sea they're talking about," the prime minister added.
Hundreds of Jewish-led demonstrators were
arrested inside a congressional building on Tuesday while protesting the U.S. government's continued support for Israel's assault on Gaza and Netanyahu's then-forthcoming address. Thousands more protesters took to the streets of Washington, D.C. on Wednesday, where peace groups planned to surround the Capitol.
"There is a war criminal in town," Council on American Islamic Relations national executive director Nihad Awad said in a speech to protesters. "This war criminal Netanyahu has a long history of crimes against humanity."
During his speech, Netanyahu also thanked Biden "for his heartfelt support for Israel after the savage attack on October 7," which the prime minister said was "like 20 9/11s in one day."
Biden has expressed his "unwavering" support for the key Middle Eastern ally and has approved billions of dollars in new military aid and more than 100 arms sales to the country since October. The Biden administration has also vetoed several United Nations Security Council resolutions calling for a cease-fire in Gaza.
Netanyahu implored the U.S. to give even more, saying, "Give us the tools faster, and we will finish the job faster."
"The war in Gaza could end tomorrow if Hamas surrenders, disarms, and returns all the hostages," added the prime minister, who for years facilitated massive financial support for the militant resistance group—whose political arm rules Gaza—in order to weaken the Palestinian National Authority.
On Monday, Tlaib
said that Netanyahu should be arrested while in the United States.
"Netanyahu is a war criminal committing genocide against the Palestinian people," she argued. "It is utterly disgraceful that leaders from both parties have invited him to address Congress. He should be arrested and sent to the International Criminal Court."
ICC Prosecutor Karim Khan has applied for arrest warrants for Netanyahu, Israeli Defense Minister Yoav Gallant, and three Hamas leaders for alleged war crimes and crimes against humanity including extermination committed on and after October 7.
During his speech, Netanyahu accused the ICC of "blood libels" against Israel, saying the tribunal "shamefully accused Israel of deliberately starving the people of Gaza"—allegations echoed by the South Africa-led genocide case before the International Court of Justice (ICJ), United Nations experts, and human rights groups.
U.N. World Food Program Executive Director Cindy McCain
said in May that there is "full-blown famine" in Gaza, where dozens of Palestinians—mostly children—have died due to malnutrition, dehydration, and lack of medical care, and hundreds of thousands of others are on the brink of starvation.
Netanyahu also accused the ICC of lying about Israeli forces "deliberately targeting civilians," over 39,000 of whom including 16,000 children have been killed since October.
The prime minister claimed that Israel "has implemented more precautions to prevent civilian harm than any military in history, and beyond what international law requires."
"The ICC is trying to shackle Israel's hands and prevent Israel from defending itself," Netanyahu said. "And if Israel's hands are tied, America's are next."
"The hands of the Jewish state will never be shackled," he added. "Israel will always defend itself."
Netanyahu further claimed that civilian casualties during Israel's recent Rafah offensive were "practically none," ignoring hundreds of Palestinians including many women and children who died in Israeli attacks on the city and its environs, including multiple massacres of refugees in tent encampments.
Israeli forces "should not be condemned for how they're conducting the war in Gaza, they should be commended for it," Netanyahu asserted.
Israel Defense Forces troops have been accused of torturing, raping, and summarily executing Palestinian civilians, including children. U.N. Secretary-General António Guterres last month added Israel to his so-called "List of Shame" of countries that kill and injure children during wars and other armed conflicts.
In addition to its ICC woes and the ICJ genocide case, the latter tribunal ruled last week in a separate case that the 57-year Israeli occupation of Palestine is an illegal form of apartheid that must end "as rapidly as possible."
Keep ReadingShow Less
AFT Signs On to UAW's Push for 2028 General Strike
United Auto Workers president Shawn Fain applauded the teachers union for helping to push for a "mass movement" for workers' rights.
Jul 24, 2024
At the American Federation of Teachers' annual convention in Houston on Wednesday, the AFT's 1.8 million members got a round of applause from one of the country's top union leaders—United Auto Workers president Shawn Fain, who has called on the U.S. labor movement to join a nationwide strike in 2028.
"We want to create a mass movement—a general strike if we have to—to win our fair share not just for workers here but for... working-class people all over this globe," said Fain. "You guys passed a resolution to push unions to do just that... And that's how we do this. When we fight and when we win, people want to be a part of that, they want to join the movement."
Fain's comments came a day after the AFT passed a resolution to support May 1, 2028 as the expiration of all contracts for local unions—the same date chosen by the UAW when Fain led negotiations with the Big Three automakers after the union's historic "stand-up strike" late last year.
The strategic date would ensure union contacts end on May Day, 2028—the holiday marking the struggles and successes of the international labor movement—setting the stage for a nationwide work stoppage across the U.S., where, as the AFT said in its resolution, "big business and their political allies have waged a war on workers."
"We want to create a mass movement—a general strike if we have to—to win our fair share not just for workers here but for... working-class people all over this globe... You guys passed a resolution to push unions to do just that."
Fain said earlier this year that the nation's workers "should have stood up and walked the hell out" in 1980 when then-President Ronald Reagan fired air traffic controllers who went on strike.
"We missed the opportunity then, but we're not going to miss it in 2028. That's the plan. We want a general strike. We want everybody walking out just like they do in other countries," said Fain in January.
In the AFT's resolution passed on Tuesday, the teachers union noted that "union workers are fighting back, in order to secure fair contracts for themselves and for their communities," and called on labor organizations to "find creative ways to maximize our economic power and fight against corporate greed."
The Chicago Teachers Union (CTU), part of the AFT, had already proposed a May 1, 2028 expiration date for its next contract in negotiations with Chicago Public Schools.
The AFT said in its resolution that it would encourage all of its locals "to consider this common expiration as a useful tactic in the fight to advance racial, economic, and social justice."
The adoption of the resolution, said CTU vice president Jackson Potter, is s step toward winning "more for working people in bargaining, at the statehouse, and all the way up to the White House."
The pro-labor media organization More Perfect Union added that the AFT's move "adds significant power" to Fain's call for a general strike.
Keep ReadingShow Less
Kamala Harris Wins March for Our Lives' First-Ever Endorsement
"Kamala Harris has proven herself to be a thoughtful and forceful leader on gun violence, who has time and again listened to young people and fought for our lives."
Jul 24, 2024
March for Our Lives, which was launched six years ago after yet another U.S. mass shooting, announced its first-ever political endorsement on Wednesday, backing Democratic Vice President Kamala Harris' bid for the White House.
"The stakes couldn't be higher," said the group, which was founded in the wake of the February 2018 massacre at Marjory Stoneman Douglas High School in Parkland, Florida. "As one of the largest youth-led movements in the nation, we are clear-eyed about the challenge ahead and we believe that Kamala Harris is uniquely suited to meet this moment."
Warning of the threat posed by Republican former President Donald Trump—who just survived an assassination attempt—and his running mate, U.S. Sen. JD Vance (R-Ohio), March for Our Lives said that "the country that young people will soon inherit stands at the precipice—on one side, authoritarianism that threatens our fundamental rights, including our right to live freely without fear of gun violence; on the other, a world where we can keep fighting to build the future that young people know we deserve."
"We need an ardent defender of democracy, a gun violence prevention champion, and a leader who will listen to young people, give us a seat at the table, and fight for our future. We believe that Kamala Harris is that candidate, and the right person to stand up for us and fight for the country we deserve," the organization continued, detailing how she has been "a forceful champion for gun safety and for young people" as vice president and a U.S. senator representing California.
"Young people are inheriting an increasingly precarious world," the group added, highlighting youth deaths from gun violence, Israel's war on the Gaza Strip, the escalating climate emergency, and far-right politicians pushing extremist policies. "We have been struggling to feel excited about voting in this election, and are increasingly pessimistic that change is possible. But we know that another Trump presidency is simply not an option that young people can afford—our lives are literally at stake."
Harris began seeking the Democratic nomination for November after President Joe Biden dropped out and endorsed her on Sunday. March for Our Lives said that "we call on her to run a campaign that fights for the policy solutions that young people want, like an assault weapons ban, action on climate change, a vigorous defense of abortion, court reform, and an immediate and lasting cease-fire in Gaza. Young people are savvy voters, who will see through empty promises and cynical horsetrading. We believe that Kamala will step above that and fight for a bold, progressive future—and we will hold her accountable for that."
Since Sunday, Parkland shooting survivor and March for Our Lives co-founder David Hogg has been fiercely supporting Harris, posting on his social media frequent updates about her historic fundraising successes over the past few days.
"Kamala Harris has proven herself to be a thoughtful and forceful leader on gun violence, who has time and again listened to young people and fought for our lives," Hogg said in a statement Wednesday. "Given her strong record on gun safety and prioritizing youth voices during her time in office, I'm proud that Kamala Harris will receive March for Our Lives' first-ever endorsement, and I'm so excited for our work to mobilize young people for her campaign."
Natalie Fall, the group's executive director, toldABC News—which first reported on the endorsement—that "we see a lot of energy around Vice President Harris in this election; there's no denying that. I think everybody's seeing it right now."
"I just think young people in particular didn't really see themselves represented or reflected in the Biden ticket in the way that they wanted. It's not to say that President Biden hasn't had great accomplishments," she explained. "But I think we need someone who can meet this moment and who is up to the challenge of taking Donald Trump to task and really defeating his effort to erode all of our institutions and our democracy."
March for Our Lives members plan to participate in this year's election through creative campaigns, door-knocking, and phone banks, Fall said. In a statement, she added that the group aims to elect not only Harris but also candidates "up and down the ballot" who support its priorities.
"March for Our Lives will work to mobilize young people across the country to support Vice President Harris and other down-ballot candidates, with a particular focus on the states and races where we can make up the margin of victory—in Arizona, New York, Michigan, and Florida," she pledged. "We are ready to double down on this commitment and elect the first woman, first Black woman, and the first person of South Asian descent to become our next president."
The gun violence prevention group's endorsement adds to Harris' mounting pile. Throughout the week, she has also received support from many Democratic governors and members of Congress as well as climate, labor, and reproductive rights groups.
As young people rally behind Harris, she is also seeing support from advocates for older Americans. Nancy Altman, president of Social Security Works, wrote in a Wednesday opinion piece for Common Dreams that "Joe Biden has been the best president for seniors in over half a century. Kamala Harris will be even better."
Keep ReadingShow Less
Most Popular