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Spread the message: we want more climate progress!
Citi, along with other Wall Street banks, just announced a new set of guidelines for lending in carbon intensive industry called "The Carbon Principles." While it's a step in the right direction for ending the coal rush, Citi by no means has said they will stop financing coal from the cradle to the grave. In fact, Citi remains the largest funder of coal expansion.
Take a look at the letter to the editor from Rebecca Tarbotton, RAN's Global Finance Campaign Director and then write your own letter to the editor and help spread the message: we want more climate progress!
To the Editor:
To the Editor: Citibank's announcement, along with other Wall Street banks, of "The Carbon Principles" is an encouraging step towards ending the coal rush, but Citi has NOT said they will stop financing coal and other carbon intensive industries.
In fact, Citi remains a top funder of the coal industry.
We need to see banks like Citi shift their billions in investments from global warming causing carbon intensive industry to alternatives like wind and solar, as well as energy efficiency.
With this opportunity, perhaps we can see Citi lead the way to more climate progress and ending America's coal rush.
Rebecca Tarbotton
Director, Global Finance Campaign
Rainforest Action Network
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