At 12:30pm yesterday over 25 people dressed as “Billionaires for Dirty Energy” blockaded the main entrance of Citibank’s Upper East Side headquarters in New York City. Protesting Citi’s role at the lead financier to the dirty coal industry - two were arrested after chaining themselves to the front doors and refusing to leave.
Dressed in tuxedos and top hats, Billionaires are demanding Citibank shift their large-scale investments in coal-fired power plants due to coal’s increasing investment risk. “Coal has lost its appeal as a predictable investment; it is fraught with uncertainty” said Billionaire, Lauren Valle, prior to being arrested by NYPD. “Bottom-line, CITI is mortgaging our future and compromising their own long-term competitiveness.”
Continue reading Fossil fools Day, April 1st 2008
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