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Take action: Tell Wells Fargo to divest from the Keystone XL and Dakota Access pipelines

NoDAPL rally outside the White House

Wells Fargo is investing in the Keystone XL and Dakota Access pipelines at a time when we need to be taking serious measures to combat climate change, not taking steps backwards with dirty fuels.

Keystone XL and the Dakota Access Pipeline pose a grave and immediate threat to our climate and to every community it cuts through. Keystone XL would carry 830,000 barrels of the world's dirtiest oil -- tar sands -- every day from Alberta, Canada, to the U.S. Gulf Coast. It would be responsible for annual greenhouse gas emissions each year equal to 37.7 million cars -- a disaster for our climate. Both pipelines are another example of the government trampling on the rights of Indigenous peoples: Keystone XL would cut directly through Sioux treaty lands and near several other tribal reservations and the Ponca Trail of Tears, yet Tribal Nations in Nebraska and South Dakota have not been properly consulted.  The Dakota Access Pipeline crosses the Missouri river along sacred Tribal grounds, less than a mile from the Standing Rock Sioux Reservation, where a spill would pose a serious threat to the Tribe's sole source of drinking water.  In response to peaceful protest against the Dakota Access Pipeline, hundreds of Water Protectors at Standing Rock were injured when police fired rubber bullets, stinger grenades, sonic weapons, and water cannons in below freezing temperatures.

It’s time Wells Fargo stood on the right side of history. Urge Wells Fargo to divest from the pipelines. 
 
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Your Message
I'm writing to express grave concern about your role in financing the Dakota Access Pipeline (DAPL) and Keystone XL Pipeline (KXL) and to urge you to divest. Keystone XL would carry 830,000 barrels of the world's dirtiest oil -- tar sands -- every day from Alberta, Canada, to the U.S. Gulf Coast. It would be responsible for annual greenhouse gas emissions each year equal to 37.7 million cars -- a disaster for our climate. Both pipelines are another example of the government trampling on the rights of Indigenous peoples: Keystone XL would cut directly through Sioux treaty lands and near several other tribal reservations and the Ponca Trail of Tears, yet Tribal Nations in Nebraska and South Dakota have not been properly consulted. You claim you worked to ensure DAPL addressed the cultural and environmental impacts, but it’s clear that the true impacts of this dangerous pipeline have hardly been considered. DAPL was approved under Nationwide Permit 12, which fast tracks pipelines without any environmental review. In December 2016, the Army Corps ordered an environmental review of the pipeline and began accepting public comments in January. They failed to complete this review, missing another key opportunity to study the environmental impacts and ignoring the concerns raised by more than 400,000 people who had already submitted public comments. You have also claimed that you value human rights but your support for both KXL and DAPL is out of line with this commitment. The Dakota Access Pipeline was originally proposed to cross the Missouri River just above Bismarck, ND, but after complaints, it was rerouted to cross the river along sacred Tribal grounds, less than a mile from the Standing Rock Sioux Reservation. In response to peaceful protest and prayer, hundreds of Water Protectors were injured at Standing Rock when police fired rubber bullets, stinger grenades, sonic weapons, and water cannons in below freezing temperatures. The injuries to peaceful protesters were downright inhumane: Numerous people were knocked unconscious, a member of the International Indigenous Youth Council suffered a seizure because of a flash grenade, a young man had internal bleeding, and countless people had to be treated for hypothermia, tear gas exposure, and blunt trauma. In 2015, you joined five other major financial institutions to issue a joint statement asking for climate commitments from world leaders negotiating what would become the Paris Climate Agreement. I applaud your efforts, but it’s clear your own business practices do not align with what you’ve asked of world leaders. The world is watching to see whether Wells Fargo will choose to finance the continued violation of the rights of Indigenous people and exacerbation of climate change or whether they will choose to lead by supporting clean energy and human rights. I urge you to divest from DAPL and KXL.
Photo (c) Jay Mallin