Day of Action Against Bank of America’s Enbridge Investments

from Creative Resistance

The Michigan Coalition Against Tar Sands (MICATS), is currently taking action across the state to put pressure on Bank of America to drop their investment in notorious pipeline company Enbridge!

– In East Lansing protesters are slowing business by forming an endless line inside a bank branch. They will stop business-as usual by making miniscule transactions in-person with bank tellers for the remainder of the business day.
– In Detroit and Ann Arbor local MICATS organizers are delivering letters to bank managers and talking to them about their concern with investing in a deadly company like Enbridge!

Bank of America, though claiming environmental and humanitarian concerns as a part of its ethics, continues to invest in the highly destructive and carbon emissive extraction of tar sands in Alberta, Canada on land stolen from indigenous groups. BOA owns substantial stock in Enbridge, the company responsible for the 2010 Kalamazoo River oil spill, the ageing Line 5 running under the Mackinaw Bridge that threatens to contaminate the Great Lakes, and the controversial Line 6b that has destroyed Michigan farmland in its stretch across the state. Enbridge in turn transports tar sands oil from Canada through Michigan to refineries farther south.

In May of this year, MICATS formally requested that Bank of America withdraw its investment from Enbridge. The request was made in the context of BOA’s divestment from all coal industry and citation of environmental sustainability as a corporate value earlier this year. However, MICATS received only a brief email which is a non-substantive response to the request.

As concerned people on this planet, we are taking collective action to disrupt the actors that fund Enbridge and the tar sands. We are sending a message that funding climate change has to stop. That owning stock in indigenous genocide has to stop. That fueling the destruction of the planet has to stop.

NO TAR SANDS NO COMPROMISE!

One response to “Day of Action Against Bank of America’s Enbridge Investments”

1. sgtcalico says:

   July 30, 2016 at 11:33 pm

   The idea of blocking or slowing down commerce is a pivotal move in motivation for BOA to “give up the ghost” so to speak & spilting with its investments in Embridge. Just as blocking HWY’s , trains & other sources of transportation of commercial trade & commodities is a tactical move so is slowing down the very processing of money transactions at Banking Institutions & the like. Keep it up. As many as possible strategically placed & timed.

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