Letter to Chase: Defund Climate Change NOW – ran.org

Jamie Dimon
Chair and CEO
JPMorgan Chase & Co.
270 Park Ave.
New York, NY 10017

To Mr. Dimon:

JPMorgan Chase is the world’s leading banker of climate change, by a huge margin. The undersigned organizations and individual supporters, representing millions of supporters from around the world, call on your bank to stop financing expansion of fossil fuels, and commit to phasing out funding of fossil fuels in time to limit climate change to 1.5°C.

As we write, communities across the United States and around the globe are facing the devastating effects of climate change, in the form of wildfires, hurricanes, droughts and floods. Indigenous people are disproportionately on the front lines of impacts from, and resistance to, both climate change and fossil fuel extraction and infrastructure. Last year’s historic report from the Intergovernmental Panel on Climate Change shows that while the effects of 1.5°C of warming are dire, 2°C of warming is vastly worse; keeping global warming below 1.5°C requires cutting carbon emissions by almost half by 2030, and to effectively zero by 2050. Potential emissions from oil, gas and coal already in production take the world well beyond 2°C, so we need an immediate end to the expansion of fossil fuel extraction and infrastructure.

You have stressed that you support the Paris Agreement. But JPMorgan Chase’s activities are antithetical to the goals of keeping global warming below 1.5°C and fully respecting human and Indigenous rights:

  • Since the Paris Agreement was adopted, JPMorgan Chase has been the world’s biggest banker of fossil fuels overall, with financing nearly 30% higher than the #2 bank.
  • Since the Paris Agreement was adopted, JPMorgan Chase has been the world’s biggest banker of the 100 top companies expanding fossil fuels, with financing nearly 70% higher than the #2 bank.
  • Since the Paris Agreement was adopted, JPMorgan Chase has been the world’s #1 banker of Arctic oil and gas, ultra-deepwater oil and gas, and liquefied natural gas, the #2 banker of fracked oil and gas, and the #3 banker of tar sands.
  • Since the Paris Agreement was adopted, JPMorgan Chase has financed projects and companies that have failed to respect human and Indigenous rights, including Indigenous peoples’ rights to their water and lands, and the right to free, prior and informed consent.

JPMorgan Chase must do its part to realize the goals of the Paris Agreement, which calls for finance to be “consistent with a pathway toward low greenhouse gas emissions.” We call on your bank to align with this call and to announce that:

  • JPMorgan Chase will immediately stop financing expansion of fossil fuel extraction and infrastructure.
  • JPMorgan Chase commits to phase out fossil fuel finance on a timeline compatible with limiting climate change to 1.5°C.
  • JPMorgan Chase will immediately stop financing projects and companies that fail to respect human and Indigenous rights, including Indigenous peoples’ rights to their water and lands, and the right to free, prior and informed consent.

In the coming years, today’s leaders will be judged first and foremost by what they did — or didn’t do — to address climate change. As you plan your succession, in what you have said will be your final years as head of the world’s biggest fossil bank, you face a clear choice. You can forge a legacy as the person who steered the banking sector away from its current path of driving the world toward disaster. Or you can continue with business as usual, and write yourself into history as the bank CEO who did the most to drive the climate crisis.
For our communities and a stable climate,

Tess Geyer
Senior Climate Organizer
Rainforest Action Network

The videogame industry takes in more money than Hollywood

— but even though making games can be a job people dream about doing, the working conditions can be rough, as a recent New York Times op-ed details. “Crunching” is a common practice in the industry, where people are required to put in ultra-long hours in the weeks surrounding a game release. And it’s not just highly-paid engineers either — game testers and customer support staff are also expected to work in these intense bursts, with little money to show for it.

Meanwhile, CEO salaries in the tens of million dollars, which is why videogame workers have begun to come together in groups like Game Workers Unite to find another way forward where workers can pursue their creative passions, live their dream of working in the gaming industry — and get paid for it.


A fine tuned machine? or a misguided unstable crooked entity?

in no particular order …

~ On  1/20/2017 at the trump inaugural,  bush said, “that was some weird shit”

~  how many were actually at the trump inaugural

~ Trump defended his embattled attorney general and claimed he had “just found out Obama had my ‘wires tapped’ in Trump Tower just before the victory”.  …false

~ trump admin is rolling back rights for women, lbgt and the military

~ Sally Yates notifies the whitehouse that gen flynn has exposed himself to being blackmailed by foreign govt then gets fired which implies the “RussiaGate”  most Americans are connecting the dots but will the DOJ FBI and Congress

~ alternative facts are not just a meme in this era of trump their constituents believe this … but most know this just plain ole’crazy

~ Scott Pruitt: “I would not agree that [CO2] is a primary contributor to the global warming that we see,”

~trump says: “You look at what’s happening in Germany. You look at what’s happening last night in Sweden,” he said. “Sweden. Who would believe this? Sweden. They took in large numbers. They’re having problems like they never thought possible.” these comments turned out to be false

~ stephen miller said “Our opponents, the media and the whole world will soon see as we begin to take further actions, that the powers of the president to protect our country are very substantial and will not be questioned.”

~ Policy adviser Stephen Miller: ‘Judiciary has taken far too much power’

~ In an almost 2hr unhinged rant trump said, “there has never been a presidency that’s done so much in such a short period of time”.     Most Americans are still waiting for the list

~ kellyanne conway’s citation of an imaginary terrorist outrage in an interview with MSNBC. As the internet lit up with mockery of another “alternative fact” from the Trump White House, Conway said she misspoke, saying “Bowling Green massacre” when she meant “Bowling Green terrorists”.  more false/unfounded comments

~ National Security Adviser, Michael Flynn, who had misled the nation about his ties with a Russian diplomat

~ Violating the One President at a time rule

~Several lawsuits re: trump Emoluments Violation have been approved but stalled?

~ “I’m looking at two-state and one-state and I like the one that both parties like. I’m very happy with the one that both parties like,” Trump said. disrupting years of diplomacy by both Dems and Repubs

~ teamtrump decides Via Executive Order, to trash climate change

~ Executive Order triggered an EPA review of the clean power plan; rescinded a moratorium on the sale of coa lmining leases on federal lands.    Ask yourself what our environment will look like

~ spent away from the White House %25 golfing costing tens of millions of dollars 33% at maralago ! 492days in office -115 days golfing and 157days on trump properties …do the effing math trumpies lest we talk about $$$$$ and where that money could have gone

~  An all male panel discussing the impact of defunding planned parenthood contraception … without regulating Viagra or vasectomies

~ accused Obama of wiretapping him … false

~ An expensive Wall promised during his campaign, paid for by Mexico,who said NO … trump is now demanding the US pay for it

~ devin nunes,chair for House intel decides #teamtrumptransition position is more important than his congressional job,finally states he wil recuse himself, but did he really?

~ a big losses for trump University , trump Model agency

~ Muslim ban … discrimination -racism religious ~ and a 120-day outright suspension of all refugees entering the country,a temp blocked by Judges

~ Manafort and his russian connections seemed to end position

~ Carter Page and his russian connections seemed to end his position as #teamtrump acts like they didn’t really know him

~ health care bill fails

~President of China, Xi Jinping, successfully pushed Trump to retreat from his pledge in December to give more recognition to the government in Taiwan.

~ the betsy devos and her brother’s business connection to russia should NOT be ignored

~ Executive Order to protect police not citizens

~ Keystone XL pipeline is re-established, foreign pipes,oil is leaving the us and will only create approx 40 permanent jobs

~the House Oversight Committee probing Trump’s security protocols for discussing classified information at his weekend retreat in Mar-a-Lago

~ jeff sessions recusal from Russia investigations …may have met with russians 3 times as team trump transition …

~now, jeff sessions is govt AG, who will take back possible reform for the use of excessive force and discrimination by some police resulting in the disproportionate amount of unarmed Black Male deaths

~ sean spicer, who represents trump accumulates massive errors

~ A trump missile strike on Syrian  … telling russia and Iran prior doing little damage …and then bombs Afghanistan isis site