CCAN Action Fund

Pass the Fossil Free Finance Act

Scientists have been clear for years that we need to stop burning fossil fuels. But despite their dire warnings, big banks are still financing major fossil fuel projects.

That’s why Senator Ed Markey (MA) and Representatives Ayanna Pressley (OH) and Rashida Tlaib (MI) recently reintroduced the Fossil Free Finance Act, which would empower the Federal Reserve to stop big banks from financing projects and activities linked to increased greenhouse gas emissions.

“We need a financial system that recognizes the existential threat posed by climate change and takes aggressive action to stop it,” said Rep. Ayanna Pressley. “Our Fossil Free Finance Act would do just that by requiring banks to stop financing dirty fossil fuel projects and help us prevent a massive, climate-induced economic collapse.”

Add your name to the petition urging Congress to pass the Fossil Free Finance Act. 
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