Hi CDP,
I wanted to circulate an important letter to the Federal Reserve (known as "the Fed") that we're looking for sign-ons for. The gist of the letter's concern is
recent research that has shown the Fed's COVID corporate debt-buying program is heavily "overweight" on fossil fuels, meaning that it is bailing out far more fossil fuel companies than it should be relative to other industries.
Sign-On Form: https://docs.google.com/forms/d/e/1FAIpQLSdvivzEnWLK7cm5nie66tpTEaLsprV4nHIqtLupP9YMe9InOQ/viewform
The financial industry and the Fed specifically are an incredibly important piece of the climate puzzle, which is why it's critical that climate and environmental groups show the Fed that this emerging, multibillion-dollar bailout is a major concern for our community.
Please feel free to spread the letter around to other groups to sign on, and let Diana (
diana@sunriseproject.org.au) and I know if you have questions.
Thanks!
Collin