John -
Brazil is selling off parts of the Amazon Rainforest to fossil fuel companies.1
But oil and gas development doesn’t happen without a huge influx of money, and U.S.-based bank JPMorgan Chase is one of the TOP funders of fossil fuel exploration in the Amazon.2
We need to do everything we can to keep Big Oil out of the Amazon. Sign our petition telling JPMorgan Chase: Stop bankrolling fossil fuel exploration in the Amazon!
The Amazon plays a critical role in regulating our climate by absorbing greenhouse gases like carbon dioxide. It’s also essential for wildlife, biodiversity, and countless communities. We can’t afford to lose the benefits of this vital ecosystem for the sake of corporate profits.
Drilling in the area that’s being sold off would increase Brazil’s oil production by an estimated 10 billion barrels.3 If we’re truly going to solve the climate crisis, we need to eliminate our reliance on dirty fossil fuels — not drill and burn even more.
Indigenous Peoples and Brazilian activists oppose more drilling in the Amazon — and supporters like you helped amplify their voices and strengthened the fight. But there’s so much more we can do, including calling on U.S.-based funders of fossil fuel development in the Amazon to drop out.
U.S. banks like JPMorgan Chase claim to fight biodiversity loss and exploitation of Indigenous Peoples, while bankrolling fossil fuel projects. It’s greenwashing, plain and simple.4 They should be using their resources to promote a just transition from fossil fuels to renewable energy — not further destroying our climate by turning the Amazon into a carbon bomb.
In solidarity,
Team 350
1 - Oil Price
2 - Greenwashing the Amazon
3 - Oil Price
4 - The Guardian