Sunday, April 15, 2007

UCS: Wall should stop financing global warming

From: action@ucsusa.org
Subject: Brooke, tell the Wall Street Seven to stop financing global warming!
Date: 4 April 2007 21:54:38 GMT+10:00
To: Me
Reply-To: notice-reply-ws6w3un49wkd5wj@ga-mail.ucsaction.org


Tell the Wall Street Seven to Stop Financing Global Warming!

Dear ,

Across the United States, utilities are proposing the construction of more than 150 coal-fired power plants. Construction of these plants would increase U.S. global warming pollution by 25 percent, making it virtually impossible for the United States to bring emissions down to levels scientists say are needed to avert the grave threats posed by global warming. The Wall Street Seven, a group of banks including JP Morgan Chase, Goldman Sachs, Lehman Brothers, Credit Suisse, Merrill Lynch, Citigroup, and Morgan Stanley, are the major funders for the new plants. Please send a letter calling on these banks to end their support for proposed coal plants and to help finance clean, renewable energy instead.

Sincerely,

Kate Abend National Field Organizer UCS Climate Program

POWERFUL OPTION--INSTRUCTIONS TO RESPOND VIA THE WEB: Please make your letter personal by adding in your own thoughts and concerns. Every letter makes a difference, but customized letters have the greatest effect! Go to the following URL: http://ucsaction.org/campaign/4_3_07_banks_finance_coal/ws6w3un49wkd5wj?

Your letter will be addressed and sent to: CEOs of the Wall Street Seven

----THIS LETTER WILL BE SENT IN YOUR NAME----
Dear CEO,

As a consumer and potential investor, I am deeply concerned about global warming. I urge your company not to finance construction of any new coal plants across the United States. These plants would increase U.S. global warming pollution by 25 percent, making it virtually impossible for the United States to bring emissions down to levels scientists say are needed to avert the grave threats posed by global warming. With U.S. regulation of global warming emissions on the horizon, the cost of power from the proposed coal plants will rise, leaving both consumers and ratepayers at risk.

Your company claims to be an environmental leader, but financing these old, dirty coal plants is inconsistent with those claims. Global warming is one of the most important environmental issues facing the planet.

I urge your company to play a true leadership role by increasingly financing clean, renewable energy, such as wind and solar, and ending your support for highly polluting coal plants.

Thank you for your consideration. Your response would be appreciated.

Sincerely, Me

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