TAMPA BAY AREA ELDERS TO PROTEST OVER CLIMATE CHANGE FUNDING BY BANKS AS PART OF NATIONAL DAY OF ACTION
WHAT: Seniors of Tampa Bay area will hold rallies at Bank of America in both Sun City Center and St Petersburg as part of a national day of action across the US to pressure the major banks to stop financing the expansion of the fossil fuel industry. The rally is among the nearly 90 events in over half the US states taking place across the country. The day is being organized by Third Act, a new group of climate activists aged 60 and over, with more than 50 local and national partners.
WHEN: Noon to 1 pm 21 March 2023
WHERE (1) Bank of America 902 N Pebble Beach Blvd, Sun City Center and
(2) Bank of America 220 3rd St South, St Petersburg
MEDIA CONTACT: Debbie Anderson 813-633-0015 (Sun City Center)
Libby Devlin 813-326-5845 (St Petersburg)
The national day of action against banks over climate change comes ahead of investor resolutions at their annual general meetings next month to pressure them to stop funding climate chaos.
The top four fossil fuel financing banks are JP Morgan Chase, Citi, Bank of America and Wells Fargo, pumping over one quarter of the $4.6 trillion total financing for fossil fuels by the top 60 global banks between 2016 and 2021.
Thousands and thousands of customers and potential customers have pledged to move their money out of these banks if the banks won’t move their investments out of fossil fuels.
The rallies are being held as the Gulf Coast of Florida has been identified as one of the most vulnerable locations due to climate change. Increased temperatures, rising sea levels and increasing severity of hurricanes put our communities at risk. We must reduce greenhouse gas emissions and the first priority to achieve that is to reduce the use of fossil fuels.