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WEKU
WEKU
Michael Copley

Climate activists target nation's big banks, urging divestment from fossil fuels

A protester in Boston holds up a large replica of a credit card being cut in half during a national day of action to "stop funding climate chaos." (Robin Lubbock/WBUR)

Across the U.S., people protested outside major banks on Tuesday, calling on financial institutions to shift investments away from fossil fuel companies. In Boston, more than 200 people marched from a Chase Bank to a Bank of America branch. A man there used a solar-powered chain saw to cut through giant credit cards from Chase and Bank of America.

One hundred protests took place across the country, from Juneau, Alaska, to Washington, D.C., to urge banks including JPMorgan Chase, Bank of America and Citi to stop funding fossil fuel projects, which significantly contribute to human-caused climate change. Third Act, a climate activism group largely made up of retirees, organized the nationwide events ahead of annual meetings where investors can propose changes to corporate policies.

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