Minnesota’s Line 3 pipeline would lock in truly catastrophic climate change—and all five of the impacted Ojibwe tribes are adamantly opposed to Line 3. So why did JPMorgan Chase just give $625 million to Enbridge Energy to build the pipeline? This morning, activists donned hard hats, climbed ladders and dropped a massive banner from Highway 99 that poses the underlying question: “Are your profits worth more than our planet?” We’ve been in communication with Arnold for 8 months now. In that time, he has been presented with ample evidence that Line 3 is not only a disaster for our climate, but that it violates the treaty rights of the Ojibwe people. Yet Arnold and his team failed to prevent Chase from renewing that $625 million loan. That’s gross negligence on his part, but it’s not exactly surprising behavior from his employer. Chase also has a major role in the bankrolling of private prisons and immigration detention centers implicated in family separation. Yup, that’s right: they’re profiting from creating climate change, and they’re also profiting from jailing the migrants fleeing climate change. Given the harm inherent in Chase’s support of Enbridge, the time has come that Matthew Arnold must be held personally accountable. It is Matthew Arnold’s job to ensure that Chase clients like Enbridge respect indigenous peoples rights to Free, Prior and Informed Consent — with Chase’s renewal of its loan to Enbridge, it is clear that he has failed to do that. We thank you for joining us in making that call. You can view our letter of complaint here. In solidarity, |