The last few months have been hard. The Trump Administration is disappearing people off the streets, tanking the economy, gutting the federal government, and doing everything in its power to boost fossil fuels.
It’s also been hard to know how to respond. Since we launched Stop the Money Pipeline in 2020, our mission has been clear: push the financial industry to phase out financing of fossil fuels and ramp up funding of clean energy. That work remains critical, but it isn’t enough by itself, right now.
In order to end fossil fuels, we need to have the right to protest and to speak out, we need functional democratic institutions that enact the will of the people, not a small number of billionaires. And we simply cannot allow the law-breaking, targeting of activists and the dehumanization of entire groups of people to become normalized.
So what does this political moment mean for our work? That’s the big question we’ve been wrestling with. And I wanted to let you know where we’re landing.
Moving forward, we’ll absolutely continue to push banks, insurance companies, and investors to end their backing of fossil fuels and scale up their support of renewable energy―doing so is critical in the fight to rein in catastrophic climate change.
Even as we continue to campaign on Citibank, you’ll be hearing more from us about Wells Fargo, which recently dropped its 2030 and 2050 climate goals altogether. In fact, in the last few weeks, our friends at Planet Over Profit blockaded the bank’s NYC headquarters and we’ve pushed the New York City Banking Commission to stop giving city contracts to Wells Fargo.
But we’re also going to expand our work so that it has a major focus on opposing the outright fascism of the Trump 2.0 regime.
Right now, that looks like running our Divest Public Money from Elon Musk campaign, strengthening our allyship with the immigration justice movement, and supporting major movement moments, such as the 75,000-person march in New York on April 19th that our staff co-coordinated.
If we do not stop Trump and Musk’s attacks on democracy, there is no chance that we can stop runaway climate change, or win the world we want to see.
As we expand our campaigns to take on the twin threats of fossil fuels and fascism, I’m writing today to ask if you can make a donation to support our work.
Whether you’re able to chip in $5, $50 or $500, every cent will go towards fighting fossil fuels and campaigns challenging the billionaire class that is undermining our democracy.
To end the power of the fossil fuel industry, we need to build a mass movement. But right now, our ability to organize and protest is under attack, as Trump and his cronies grab students off of the streets, vanish protest leaders into modern day gulags, and target political opponents.
But we’re not going to back down. We’re going to be loud and proud in our calls that local governments should boycott Elon Musk’s companies, and that people of conscience should do everything in their power to oppose Trump’s fascism and end the fossil fuel industry.
If you’re in a position to do so, a critical way in which you support our work is by making a donation today.
In Solidarity,
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