Oakland Coal Terminal Opponents Protest at Responsible Investment Meeting in San Francisco

September 12, 2018 4:12 PM

Anti-coal activists protested outside a "responsible investment" panel discussion in San Francisco today because one of the participants, the Bank of Montreal, has been involved in talks to finance a controversial coal export terminal that an Oakland developer and a Kentucky-based mining company hope to build in West Oakland.

The protest was the second by the Oakland activists this week while San Francisco hosts a Global Climate Action Summit.

Ted Franklin, a coordinator of No Coal in Oakland, said the group was rallying outside the Marriott Marquis hotel, where the panel discussion was being held, to demonstrate opposition to the project and highlight what they consider to be an irresponsible investment.

“Grassroots action is important,” Franklin said. “Especially in the fight against climate chaos and injury to communities like West Oakland.”

“There can be no terminal if there’s no money,” said Margaret Rossoff, an organizer with No Coal in Oakland.

Wednesday’s demonstration was an effort to remind financiers of their commitment to sustainable, community-focused investments, Rossoff said.… Continue Reading


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