In New York City, a group of passionate activists have been holding protests against the financial institutions that support big oil companies. They have been organizing die-ins, drum circles, and singing to raise awareness about the impact of fossil fuels on our environment.
Despite the scorching temperatures, these activists are determined to make their voices heard. They gather outside banks and insurance companies that fund fossil fuel projects, demanding accountability and change.
The Summer of Heat on Wall Street protest has been a central focus of these demonstrations, with Citigroup being a primary target. According to a recent report, Citigroup is one of the biggest investors in new oil and gas projects globally, contributing to the rise in global temperatures.
While Citigroup has pledged to achieve climate neutrality by 2050, critics argue that their current investment portfolio contradicts this goal. Organizations like Ceres, which work with businesses on climate initiatives, have raised concerns about the disparity between Citi’s commitments and their actions.
Despite some pushback from banks on the accuracy of the report, activists remain steadfast in their mission to hold these institutions accountable. They believe that by raising awareness and putting pressure on big oil backers, real change can be achieved to combat climate change.
The protests in New York City have been a powerful display of grassroots activism, with people of all ages coming together to advocate for a sustainable future. As the Summer of Heat on Wall Street continues, the message is clear: it’s time for financial institutions to divest from fossil fuels and invest in renewable energy solutions for a healthier planet.
