Jackson Hole, WY — 350.org, 350 Colorado, Wyoming Chapter – Sierra Club and Jackson Hole Sunrise are planning a series of creative actions outside of this week’s Jackson Hole Economic Policy Symposium, organized by the Federal Reserve. The goal is to tell economic leaders at the Symposium that finance policy and the Fed have to do more to protect the climate, recognizing the critical risk fossil fuel investments pose to our economy, and get on board with the imperative to keep warming under 1.5 degrees.
Now, communities are gearing up for action at this week’s Symposium, where global financial decision-makers — including current Federal Reserve Chair Jerome Powell — are expected to be in attendance. Organizers of the Fossil Free Federal Reserve campaign are demanding the Fed end fossil fuel finance and incorporate climate risk into its policies.
Vibrant Climate Actions will take place on Thursday to Saturday, August 25-27, 2022:
August 25 — Main Action Day
- 12:00-3:30pm: Activists and RV with climate signage will stand at Jackson Airport turnoff and along the highway leading to Jackson Lake Lodge holding signs, demanding a Fossil Free Fed
- 2pm: Sunrise Jackson Hole will host a group of bikers riding 4 miles to Jackson Lake Lodge.
- Bikers will leave from Pacific Creek Boat Launch Just Inside Moran Entrance of Grand Teton National Park GPS coordinates: 43.8459216, -110.5174512. First left after entering the Moran Entrance of the park
- 4-6pm: Rally and peaceful protest at Jackson Lodge. Bicycle group arrives at 4pm.
- 4:30pm: Press Conference, Jackson Hole Lodge – speakers include:
- Emily Park, Federal Reserve Campaign Manager, 350.org
- Tee McClenty, Director, 350 Minnesota – speaking on Line 3 resistance and connection to economic policies
- Lynette Grey Bull, Founder & Director, Not Our Native Daughters
- Anna Kerr, Sunrise Jackson Hole
- Giselle Herzfeld, 350 Colorado, Defunding Climate Disaster Coordinator
Speakers and concerned community members will be calling on the Federal Reserve to:
- End fossil fuel finance through the banks & phase out all fossil fuel financing by 2030. The Fed should use existing regulatory and supervisory tools to begin limiting and phasing down the financing of emissions through curbing bank lending to fossil fuel infrastructure and projects.
- Align Fed spending and asset purchases with the Paris Climate Agreement’s goal of limiting temperature rise to 1.5°C; The Fed should encourage and support bank investment aimed at limiting global temperature rise to 1.5°C, with an emphasis on lending to low-income communities and communities of color.
Climate action is especially crucial in the lead up to the global COP27 Climate Summit in Egypt in November 2022, and urgent action is needed in the US to push the Federal Reserve to do what they said they would do: account for climate risk.
Press Contact: Jason Kirkpatrick, [email protected]