Citigroup now joins Goldman Sachs, JPMorgan Chase, and Wells Fargo, along with several global banks to end funding oil and gas exploration in the Arctic.
"Wells Fargo is committed to accelerating the transition to a low-carbon economy, in addition to continuing to support the responsible development of conventional energy."
“The fact that even the world’s worst fossil fuel banker wants nothing to do with Arctic Refuge drilling shows just how toxic an investment it would be."
The Arctic Refuge is one of the U.S.’s last wild places, and the coastal plain is its biological heart.
What happens in the Arctic is now affecting us all.
The study is a massive conglomeration of nearly 50 years of research.
"Experts in environmental law estimate that the Trump administration has now lost about 40 environmental cases in federal courts."
“This project sets us down a dangerous path of destroying the Arctic. An oil spill in the Arctic would be impossible to clean up and the region is already stressed by climate change.”