Environmentalists Target Bankers Behind Dakota Pipeline


Jennell Downs, of the Kickapoo Tribe of Oklahoma, putting up a flag at the state capitol in Oklahoma City during a protest of the Dakota Access pipeline last month. CreditSteve Gooch/The Oklahoman, via Associated Press

In early August, just as protesters from across the country descended on North Dakota to rally against an oil pipeline near the Standing Rock Sioux Reservation, some of the world’s biggest banks signed off on a $2.5 billion loan to help complete the sprawling project.

Now, those banks — which include Citigroup and Wells Fargo of the United States, TD Bank of Canada and Mizuho of Japan — have come under fire for their role in bankrolling the pipeline. In an open letter on Monday, 26 environmental groups urged those banks to halt further loan payments to the project, which the Sioux say threatens their sacred lands and water supply

Environmentalists Target Bankers Behind Dakota Pipeline

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