Activists barricade TD Bank in Washington, DC to protest funding of Keystone XL Pipeline

TD_Bank

by Anne Meador and John Zangas

Environmentalists attempted to shut down a branch of TD Bank in Washington, DC early this morning to protest the bank’s funding of the Keystone XL Pipeline. Two activists chained themselves to a “bear trap”–a plastic container filled with concrete–in the ATM lobby, while another secured himself to the front door with a U-lock. TD Bank is a major bankroller of TransCanada’s Keystone XL Pipeline.

3Activists_TDBankThe action was in solidarity with a campaign aimed at keeping the Keystone XL Pipeline from going forward. The proposed 1,700-mile pipeline would carry 900,000 barrels of tar sands oil from Hardisy, Alberta to Port Arthur, Texas. Environmentalists claim that the tar sands oil and the pipeline which would transport it could be environmentally devastating.

About 50 police officers and several police vehicles arrived on the scene at TD Bank about 6 a.m. and cordoned off P Street. They drove press away from the bank and held up sheets to block the view of extricating the protestors. No one was injured while removing the locks and chains, nor was there property damage.

Police did not arrest or charge the protestors. A police officer on the scene said that TD Bank did not want to press charges, but TD Bank would not confirm this. The protestors were cleared out by the bank’s 8 a.m. opening time.

The activists who barricaded the bank–Kelly Canavan, Jason McGaughey and Eli Greer–and about ten supporting protestors were objecting to TD Bank’s role as a primary financier of Keystone XL and demanding that it divest from TransCanada Corporation. As of 2010, TD Bank held $1.6 billion of stock in TransCanada.

TDBank_BoltcutterIn response to this morning’s protest, TD Bank released a statement saying, “TD Bank supports responsible energy development. We employ rigorous due diligence in our financing and investing activities relating to energy production.”

Protestor Kelly Canavan said she is concerned about the environment and her son’s future. “The tar sands pose a serious threat to all of us,” she said. “We must do everything we can to stop tar sand production from continuing. TD Bank must be held accountable for their part [in] promoting toxic genocide.”

“TD Bank is a Canadian bank that claims to be the most convenient bank in America,” says Jason McGaughey, one of the protestors chained in the ATM lobby.

“[But] it’s not very convenient they’re paying to have our futures destroyed. It’s not very convenient they’re paying to have our health destroyed. It’s not very convenient they’re pursuing the further genocide and ethnocide against the indigenous people around this country. It’s not very convenient at all.”

Protests against the pipeline are coming to a climax as its development enters a critical phase. Following the release of an Environmental Impact Statement from the State Department, President Obama will soon make a decision whether to approve the Keystone XL pipeline or stop the project. According to environmentalists, harvesting the “dirty” tar sands oil, potential leakage and spills, and the amount of carbon emissions from the oil produced could all negatively impact the environment.

VIDEO: Protestor Kelly Canavan describes her reasons for blockading the bank

Video streaming by Ustream

Keystone XL Pipeline: The fuse to a carbon bomb

Trans Canada Keystone Oil Pipeline
Photo by Shannon Ramos

What’s so important about the Keystone XL Pipeline? Why is it being called the fuse to a carbon bomb?

The key to Keystone XL is that it could transport almost exactly the amount of carbon needed to put us beyond the point of no return–when man-made climate change becomes irreversible.

The Keystone XL Pipeline is the conduit for the tar sands oil produced in the northwest regions of Canada. Fully harvested, the tar sands–besides having 12% higher carbon dioxide emissions than other sources of petroleum–would produce about one trillion metric tons of emissions.

Putting one trillion metric tons of carbon dioxide emissions into the atmosphere would produce a 2-degree Celsius increase in average global temperatures.

This just so happens to be the tipping point:

Two degrees [Celsius] is the maximum acceptable figure adopted by the European Union as a manageable level of warming, based on IPCC findings, beyond which it becomes unlikely that serious negative effects can be avoided.

The decision to develop tar sands and construct the Keystone XL Pipeline is a conscious decision to put ourselves beyond the tipping point. The oil from Canadian tar sands is a carbon bomb, and the Keystone XL Pipeline is the fuse. If the construction of the Keystone XL Pipeline goes forward, we’ve knowingly lit the fuse.

 

Forward on Climate: Activists to draw line in the sand on climate issues

People have been pouring into Washington, DC for what is expected to be the largest ever rally in the U.S. drawing attention to the issue of climate change.

The weather is blustery out there for activists–highs in the mid-30’s with winds gusting up to 40 mph.

The last mass protest around climate change was four years ago, just after Barack Obama was sworn in the first time. 12,000 people, mostly college students, came to Washington, DC for a three-day action:

Organizers called a grassroots lobbying drive on Monday “the biggest lobbying day on climate and energy” in the country’s history as they enlisted some 4,000 students to visit nearly every congressional office. And later that day, in what activists dubbed “the largest mass civil disobedience on climate” in the U.S., some 2,500 people blockaded the gates of the Capitol Power Plant, which burns coal to provide heat to the senators’ and representatives’ offices, a symbol of the nation’s reliance on fossil fuels.

At least 20,000 participants are expected today.

This time a high priority will be to persuade Pres. Obama to block Keystone XL, the export pipeline which has been called “the fuse to North America’s biggest carbon bomb.”

Cool Revolution will be making updates throughout the day here and on Twitter (@cool_revolution). DC Media Group will be providing full coverage of the event–go to dcmediagroup.info for all livestream feeds, twitter streams and photos, as well as the Facebook page.

UPDATE 3:30pm: As the march heads from the White House back to the Monument, organizers put crowd count at 50,000.

UPDATE 5:00pm: Huffington Post estimates the crowd at 40,000.

Daryl Hannah: “We have to draw a line in the Tar Sands”

Cool Revolution interviews actor and activist Daryl Hannah just before her arrest at the White House in a civil disobedience action on February 13, 2013. She joined a group of a few dozen demonstrators, including leaders of environmental organizations, who demanded that President Obama use his executive authority to stop construction of the Keystone XL Pipeline.

She was glad that President Obama pressed for action on climate change in his State of the Union address, but “we don’t need to wait for further innovation and technology” before we move to clean energy.

She believes that so many people deny that global warming is happening because, she said, “Global warming denial has a history of being very well-funded.”

When asked if we’ve already reached the point of no return when it comes to climate change, she said, “It’s never too late to stop creating a problem…. If you’re going down the wrong road, it’s never too late to turn around and go the other way.”