350 Wenatchee Climate Conversations NCW

On Friday, President Biden halted the approval of all new liquified natural gas (LNG) exports, effectively delaying these massive projects. This is great news for our movement, our climate, and the frontline communities threatened by these proposed projects.

Right now is a critical time for banks to consider walking away from these fossil fuel projects, too. Send an email to top Wall Street executives: the White House just pressed pause on LNG in the Gulf South, it’s time you did, too.

After the news broke, the stocks of one of the top owners of oil and gas in the region dramatically dropped! It’s a major blow to the oil and gas industry, which will certainly be banging down the White House doors to get the President to reverse his decision.

In October, the climate case for stopping new LNG was strengthened by a new analysis from Cornell that showed that the lifecycle greenhouse gas emissions from LNG made it *dirtier* than coal. This new announcement halts nearly 20 LNG terminals representing emissions equivalent to those of 675 coal-fired power plants.

If Wall Street banks were to join the White House and press pause on all financing for toxic projects in the Gulf South, it would be a gamechanger.

Make no mistake, these proposed projects are only possible because of the structural environmental racism baked into the approval of these projects that considers predominantly Black & Latino communities in the Gulf South – as well as Indigenous nations – entirely disposable for corporate profits.

Email the biggest Wall Street banks now to urge them to stop financing LNG!

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