Chase, Citibank, Wells Fargo And Bank Of America Fund A Quarter Of Global Fossil Fuel Financing

Photo by Christian O’Rourk of 2021 youth climate protest at Chase Bank. Protestors will rally Tuesday, March 21, 2023 at noon to protest Chase Banks’s continued investment into fossil fuels.

Protesters at over 100 locations across the country will rally against big bank investments in fossil fuels Tuesday. That includes a rally at noon outside of Chase Bank on 16th street in Denver.

The UN Climate report released Monday reports that if carbon emissions continue on the current trajectory, the planet with likely push past a dangerous climate threshold within the next ten years. At that point, global warming will irrevocably alter the planet’s climate beyond people’s capacity to adapt. According to the report, “heat waves, famines, and infectious diseases could claim millions of additional lives by century’s end.”

The top four financiers of fossil fuel projects in recent years are four American banks. JPMorgan Chase, Citibank, Wells Fargo, and Bank of America account for a quarter of all fossil fuel financing in the world. Giselle Herzfeld with 350 Colorado and Shawna Foster of Rainforest Action Network who compiled the yearly, “Banking on Climate Chaos” report, joined KGNU’s Shannon Young to talk more about today’s rally.

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Chase, Citibank, Wells Fargo And Bank Of America Fund A Quarter Of Global Fossil Fuel Financing Alexis Kenyon

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For more information about today’s Denver Rally visit the event page here.

Chase, Citibank, Wells Fargo And Bank Of America Fund A Quarter Of Global Fossil Fuel Financing Alexis Kenyon

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Alexis Kenyon

Alexis Kenyon is an experienced radio reporter with more than 15 years of experience creating compelling, sound-rich radio stories for news outlets across the country. Kenyon has master's degrees from the University of California, Berkeley, Graduate School of Journalism in radio broadcast and photojournalism. She has worked in KGNU's news department since 2021 as a reporter, editor, and daily news producer. In all her work, she strives to produce thought-provoking, trustworthy journalism that makes other people's stories feel personal. In addition to audio production, Kenyon runs KGNU's news internship program and oversees the department's digital engagement.