Tell your Senators to Co-Sponsor the Fossil Free Finance Act

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Tell your Senators to Co-Sponsor the Fossil Free Finance Act

The Fossil Free Finance Act would require the Federal Reserve to hold big banks accountable for financing fossil fuels.

Under this legislation, big banks would be required to align their financing with science-based emission targets and our obligations under the Paris Climate Agreement.

There are 21 co-sponsors on the bill so far in the House, but we need more in the Senate order to get this bill up for a vote. Will you send a message to your senators right now urging them to co-sponsor the Fossil Free Finance Act?

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Senators Ed Markey and Jeff Merkley just introduced the Fossil Free Finance Act in the Senate which would require the Federal Reserve to hold big banks accountable for financing fossil fuels.

The Fossil Free Finance Act was introduced in the House of Representatives in September by Congressman Mondaire Jones, Congresswoman Rashida Tlaib (MI-13), and Congresswoman Ayanna Pressley (MA-07).

In the last 5 years, the world’s 60 biggest banks have financed fossil fuels to the tune of $3.8 trillion. Under this legislation, big banks would be required to align their financing with science-based emission targets and our obligations under the Paris Climate Agreement.

And US banks are the top fossil fuel funders of this climate chaos and the Fed can step in and steer us off fossil fuels fast. The Fed has a responsibility to protect our economy, including protecting our communities from climate catastrophe.

Every representative who claims to be a champion for climate action must sign on to this bill.

As your constituent, I'm urging you to join your colleagues and co-sponsor the Fossil Free Finance Act.

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Tell your Senators to Co-Sponsor the Fossil Free Finance Act

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