Tell the Trump administration: Don't force banks to invest in environmental destruction
Docket ID OCC-2020-0042
I strongly oppose this proposed regulation. The "Fair Access to Financial Services" rule would force banks to finance an industry that is irreparably harming our planet.
At a time when our country should be quickly transitioning to renewable energy sources, this rule will force banks to make poor investments in fossil fuel projects that contribute to environmental destruction and the climate crisis.
According to a recent poll, most Americans -- 68 percent -- support the decision made by federal financial institutions to refrain from funding drilling in the Arctic National Wildlife Refuge. The refuge is a beautiful place that should be protected by the federal government -- and I applaud the banks' decision not to fund its destruction.