Dakota Access Pipeline, Trump Regime Facing Mass Resistance, Financial Activism

Standing Rock water protectors on the ground in North Dakota are finding powerful allies in Seattle, where the Seattle City Council voted 9-0 to approve a bill that terminates a valuable city contract with Wells Fargo. The bank, one of the largest in the United States, has provided more than $450 million in credit to the companies building the pipeline.

Other citywide divestment campaigns are in the works in Minneapolis, Minnesota; Boulder, Colorado; Santa Fe, New Mexico; and Portland, Oregon.

From Yes Magazine:

Minneapolis is perhaps the furthest along. Last December, the city council there asked its staff to research ways to stop doing business with financial institutions that help finance the Dakota Access pipeline and other fossil fuel projects. Alondra Cano, one of the city councilmembers who made that proposal, says it’s already producing results. “We’re now exploring new banking structures that will put us more in line with our interests in doing business with organizations and banking institutions that aren’t damaging the environment,” she said.

VIDEO – SEATTLE CITY COUNCIL HEARING RALLY ON WELLS FARGO DIVESTMENT:

This news coincides with the Army Corps of Engineers notifying Congress on Tuesday that it will grant an easement for the Dakota Access Pipeline in the next 24 hours, trampling a planned environmental and tribal consultation review process, according to a Indigenous Environmental Network (IEN) statement.

“The granting of this easement goes against protocol, it goes against legal process, it disregards more than 100,000 comments already submitted as part of the not-yet-completed environmental review process — all for the sake of Donald Trump’s billionaire big oil cronies. And, it goes against the treaty rights of the entire Seven Councils Fires of the Sioux Nations,” said Tom Goldtooth, IEN Executive Director.

Goldtooth said the granting of an easement, without any environmental review or tribal consultation, will result in mass resistance far beyond what Trump has seen so far.

See IEN’s letter to Congress on the easement here.

print