arctic

April 22, 2020

As Bank of America faced shareholders today for its annual general meeting, the bank refused to rule out funding for drilling in the Arctic National Wildlife Refuge.

April 20, 2020

Today, multinational investment bank Citigroup released an updated energy policy that rules out financing for oil and gas exploration, development and production projects in the Arctic, including the Arctic National Wildlife Refuge.

April 19, 2020

This week, as major banks face shareholders for their annual general meetings, they will face pressure from shareholders and activists to commit to ruling out financing for any new drilling in the Arctic, including the Arctic National Wildlife Refuge.

March 1, 2020

Wells Fargo has released an update to its environmental policy ruling out funding for oil and gas projects in the Arctic region, including the Arctic National Wildlife Refuge

February 28, 2020

Washington, DC -- Today, the Trump administration’s Interior Department confirmed that it will not be able to update its assessment of any existing oil and gas reserves in the Arctic National Wildlife Refuge until 2023. The administration has not yet set a date for a lease sale in the refuge, and if a sale is held without new seismic data, then companies will be bidding blind. 

February 24, 2020

JPMorgan Chase, the largest bank in the United States, has announced an updated energy policy that rules out financing for new oil and gas drilling in the Arctic, including the Arctic National Wildlife Refuge. The policy also rules out financing for new thermal coal mines and coal-fired power projects worldwide, though the bank failed to put any restrictions on other oil and gas, including fracking and controversial tar sands projects.

February 21, 2020

This morning, Lloyds Bank, one of the largest banks in the UK, released an updated energy policy that rules out financing for oil and gas operations in Arctic National Wildlife Refuge.

December 15, 2019

Today, multinational investment bank Goldman Sachs announced an updated energy policy that rules out financing for new oil drilling or exploration in the Arctic, including the Arctic National Wildlife Refuge.

October 11, 2019

In a submission sent to the United Nations Human Rights Council, Indigenous rights groups raised concerns about human rights violations against the Gwich’in Nation as a result of the Trump administration’s push to sell off the coastal plain of the Arctic National Wildlife Refuge for drilling.

September 16, 2019

Seattle, WA -- Today, the Seattle City Council joined cities across the country in committing not to do business with any company that seeks to drill in the Arctic National Wildlife Refuge. The vote comes in the wake of historic, bipartisan action in the U.S. Congress to protect the Refuge from drilling. 

September 12, 2019

Today, the Department of the Interior released an environmental impact statement on its plan to hold a lease sale for drilling in the Arctic National Wildlife Refuge. The planned sale will target the coastal plain, the biological heart of the Arctic Refuge, home to lands and wildlife vital for the subsistence way of life of the Gwich’in Nation.

September 11, 2019

Washington, DC -- A bill introduced in the Senate today would establish the coastal plain of the Arctic National Wildlife Refuge as a wilderness area, permanently protecting it from destructive oil and gas exploration. The Arctic Refuge Protection Act was introduced by Sen. Maria Cantwell (WA); Sen. Tom Udall (NM); Sen. Michael Bennet (CO); Sen. Ed Markey (MA); Sen. Charles Schumer (NY); and Sen.