Formosa Plastics is trying to build a massive 14-facility petrochemical complex in St. James Parish, a majority-Black community in Louisiana where people are already dying of cancer at a rate 50 times higher than the national average – in large part due to pollution.
Building more fossil fuel infrastructure is the last thing that the region needs. Hurricane Ida severely damaged properties across St. James Parish, and the Coast Guard received more than 2,000 reports of oil and chemical spills off the coast of Louisiana after the super-charged storm.
Thanks to local groups like RISE St. James and activists like you, the Army Corps of Engineers ordered Formosa Plastics to conduct a full environmental impact statement before granting permits for the “Sunshine Project.”
This buys us time, but we need to take action now to make sure that Formosa Plastics and other companies that want to profit from this project back off for good – including the big Wall Street banks who would help fund the potential $12 billion price tag.
Take action today. Tell Bank of America to publicly pledge to not fund the Sunshine Project.
Bank of America is Formosa Plastics’ most important US bank. It helped the company sell $1 billion in bonds back in 2015, making it their most likely US partner to help raise money for this giant new petrochemical complex.
Join us in telling Bank of America to publicly pledge to not fund the Sunshine Project.
Thank you for everything you do,
Your friends at Climate Reality.
©2021 The Climate Reality Project.
The Climate Reality Project
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