On January 10th #NoDAPL Global Coalition and Fracking the Rio
Grande Valley will be demanding that Bernalillo County divest from Wells
Fargo’s fossil fuel investments strategies. [i] [ii]
We demand that the County of Bernalillo cancel its banking
relationship with Wells Fargo.
We furthermore demand that the County Of Bernalillo issue a new
Request For Proposals (RFP) for fiscal agent services that includes preference
given to financial institutions who do not invest in large-scale new fossil
fuel infrastructure damaging our climate and democracy.
We act in solidarity with the global #DefundDAPL campaign that
has successfully divested 10s of millions of dollars to date from the banks
financing DAPL.
Still better, we demand that the County of Bernalillo accelerate
the process for establishing a Public Bank so that the County is not entangled
in another four-year commitment to any other banking institution than its own
Public Bank.
Our Public Bank will not invest in DAPL, it will invest in
projects that benefit our own community.
We are providing a resolution for Bernallio County to start divesting from Fossil fuels and support renewable and clean energy.
Public pressure can force DAPL’s lenders to confront the reality
that they are backing companies who are openly violating human rights, defying
the rule of law, undermining the regulatory process, and threatening our planet
with climate change. Now is the time to use our power as consumers and
customers to demand these banks divest from DAPL.
Bernalillo County and the City of ABQ actions will show us
where they stand. What will it be, Oil
or Water?[iii]
Air emissions in the San Juan Basin are the 1st per
capita in GHGE. [iv] The
San Juan Basin emits more than the
Porter Ranch leak did in its entirety in
Los Angeles. NM is one of the largest
emitters of GHGEs in the lower 48 states. [v]
We must stop it. NOW!
Divest from Wells Fargo and invest locally. The banks
responsible for the crash in 2009 should no longer be rewarded with tax dollars
for investments. [vi]
WELLS FARGO MADE A RISKY INVESTMENTs IN DAPL with New Energy Transfer and
SUNOCO Oil they believe they deserve, no
matter what the costs are to communities, to people and to nature they roll
over everything in their path. If allowed they will continue to contaminate
water and spew toxic air emissions that drives climate change, destroys water
sources and endangers health.
We have a way to fix
the budget in this State.
We can implement an impact fee and dividend system with a
new revenue stream that cuts emissions and supplements the budget concerns
around the funding of a dying industry. Jobs would be created to turn off
emissions and could be designed to give rebates to resident for economic
stimulus. [vii] A
stimulus can be creatively designed for cities, counties and states.
Please transition away from supporting banks that invest in
fossil fuel. It comes down to OIL OR WATER? [viii]
We are sending a message to that we must protect our water,
stop current emissions! Keep it in the ground! [ix]
Everyone can do the same
and vote with your packet book, divest from banks that support fossil
fuel investments. We should all be water
protectors.
MNI WICONI! Water
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