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Bank of America Decision to Stop Funding Mountaintop Removal a Victory for Appalachia and Anti-Coal Movement
Rainforest Action Network praised Bank of America today for its decision to phase out financing for companies that practice mountaintop removal coal mining, a highly destructive and controversial method of coal extraction...Rebecca Tarbotton, director of Rainforest Action Network’s Global Finance Campaign, which has pressed Bank of America since October 2007 to cease financing of mountaintop removal mining and coal-fired power plants. “We hope that Citi, JP Morgan Chase and other banks follow Bank of America’s lead.”