For a second time this month, we’ve crashed JPMorgan’s party.
When we learned that JPMorgan Chase would be hosting a 5k race in Boston, complete with four “hydration stations”, we could not miss the chance to remind the bank that oil pipelines are risky business —and a serious threat to drinking water.
As roughly 9,000 people jogged along Boston’s Commonwealth Avenue, Greenpeace activists, dressed as Chase’s high-profile CEO, ran the race as well. But, these Jamie Dimon look-a-likes ran in reverse, with messages on their backs so that as runner passed they learned about Chase’s backward stance on energy investing.
BREAKING: We’re at Chase’s big run in Boston to bring clean water to runners and get CEO Jamie Dimon running the right way! Away from pipeline companies like ETP! Chase: Protect water DON’T finance pipelines! #JPMCC #StopPipelines!
Posted by Greenpeace USA on Thursday, June 21, 2018
In 2018, financing fossil fuel projects is just backward — but that’s exactly what Chase is doing. While cities, companies, and even other banks like HSBC and BNP Paribas have stepped up to fight climate change in the last year, JPMorgan Chase has financed more the $7 billion of tar sands oil development, one of the dirtiest types of oil. And that’s not all —JPMorgan continues to lend to Energy Transfer Partners (ETP), the company that built the Dakota Access pipeline without the consent of Indigenous Peoples. ETP then hired mercenary private security firms to spy on and oppose peaceful water protectors in Standing Rock and later filed a $900 million dollar lawsuit against Greenpeace to silence us. ETP is now building the controversial Bayou Bridge pipeline in Louisiana.
After the race, Greenpeace activists offered refreshing, clean water to thirsty participants, letting them know it’s only a matter of time until the pipelines financed by Chase leak, and when they do, it could threaten our drinking water.
To stop the development of needless new oil pipelines we must put pressure on the banks that finance these projects, which is precisely why Greenpeace is calling on Chase Bank to cease funding Energy Transfer Partners as well as all tar sands oil pipelines.
You can join the Wave of Resistance to oil pipelines too! Sign our petition here!