Gabby Brown, gabby.brown@sierraclub.org
San Francisco, CA -- Local activists will gather on Thursday at noon to rally outside Wells Fargo’s headquarters in San Francisco and demand that they divest from Keystone XL.
In the wake of the Nebraska Public Service Commission’s recent decision to reject TransCanada’s preferred route for Keystone XL, instead approving an alternative route the company had called unworkable, the pipeline’s fate is in question. If built, the pipeline would threaten Indigenous communities and landowners along its route, as well as the climate.
Wells Fargo currently has two loans totalling $1.5 billion out to TransCanada, which are up for renewal in December. The crowd will gather Thursday to deliver more than 155,000 letters from across the country calling on the bank to pull their money from TransCanada and stop funding Keystone XL and other dirty pipelines.
“With this latest setback in Nebraska, Keystone XL is as bad an investment as it’s ever been,” says Ben Cushing, campaign representative with the Sierra Club. “We’ll be outside Wells Fargo’s doorstep to make sure they hear loud and clear that investing in tar sands is bad business, and our movement will only grow louder and stronger if Wells Fargo fails to act now.”
WHAT: Rally at Wells Fargo headquarters calling for divestment from Keystone XL
WHEN: Thursday, November 30, 12:00 - 1:00 p.m.
WHERE: Wells Fargo offices, 464 California Street, San Francisco (Map)
WHO:
Ben Cushing, campaign representative, Sierra Club
Linda Weiner, volunteer leader, Sierra Club SF Group
Seann Henry, North Bay resident affected by recent wildfires
Osprey Orielle Lake, Founder & Executive Director, Women’s Earth and Climate Action Network (WECAN)
Sheridan Enomoto, community organizer, Greenaction for Health and Environmental Justice
Julien Ball, community organizer, Alliance of Californians for Community Empowerment (ACCE)
Josh Levin, Co-founder and Chief Strategy Officer, OpenInvest
About the Sierra Club
The Sierra Club is America’s largest and most influential grassroots environmental organization, with more than 3 million members and supporters. In addition to helping people from all backgrounds explore nature and our outdoor heritage, the Sierra Club works to promote clean energy, safeguard the health of our communities, protect wildlife, and preserve our remaining wild places through grassroots activism, public education, lobbying, and legal action. For more information, visit www.sierraclub.org.