Atlantic Coast Pipeline Protestors Disrupt Bank of America Shareholder Meeting

from Earth First! Newswire

On April 25th three North Carolina residents snuck into Bank of America’s annual shareholder meeting and disrupted it to protest the bank’s financing of the Atlantic Coast Pipeline. As CEO Brian Moynihan took the podium, the protestors unfurled a banner in front of him reading, “BoA Stop Funding Methane Pipelines.” According to the activists Bank of America has led the way to create $3.25 billion line of credit for the controversial Atlantic Coast Pipeline. Other banks involved in the funding the pipeline include: JP Morgan Chase ($255 million), Credit Suisse ($153 million), Deutsche Bank ($153 million), PNC ($153 million), Royal Bank of Canada ($255 million), TD Bank ($153 million), Wells Fargo ($153 million), BB&T ($100 million).

The Atlantic Coast Pipeline, a project of Duke Energy, Dominion Energy, and Southern Company seeks to bring fracked gas from West Virginia, through Virginia, and into North Carolina where it would terminate on the lands of the Lumbee Indian tribe. This pipeline, along with a parallel one called the Mountain Valley Pipeline have faced fierce opposition including treesits, office occupations, and landowners chasing surveyors off their property.

For more information on the resistance check out:

Three Sisters Resistance Camp

Appalachians Against Pipelines