Mountain top removal (MTR) mining
is a form of strip mining in which coal companies use explosives to blast as
much as 800 to 1000 feet off the tops of mountains order to reach the coal
seams that lie underneath. The resulting millions of tons of waste rock, dirt,
and vegetation are then dumped into surrounding valleys, burying miles and
miles of streams under piles of rubble hundreds of feet deep. Mountaintop
removal mining harms not only aquatic ecosystem, and water quality, it also
destroys hundreds of acres of healthy forests and fish and wildlife habitat,
including habitat of threatened and endangered species, when the tops of
mountains are blasted away.
Throughout the Appalachian region of the Eastern United States, more than 500 mountains have been flattened – first by clear-cutting forests,
then by blowing off the top layers of rock with powerful explosives. Giant
cranes (draglines) expose buried coal by scraping billions of tons of dirt off
the mountain. The debris is then dumped into neighboring valleys and streams. Rather
than remove coal from the mountain, MTR removes the mountain from the coal.
what must happen
We urge all private banks involved in commercial lending and investment banking services for the mining sector to end their relationships with companies who practice mountaintop removal coal mining in Appalachia.
Our recommended ‘best practice’ is a clear exclusion policy on commercial lending and investment banking services for all coal companies who practice mountaintop removal coal extraction.
Where banks choose to maintain relationships with this sector, we recommend a publicly available policy, with a clearly identified performance threshold and regular reporting on policy implementation. Banks should withdraw from any on-going financing relationships with clients that practice MTR and place MTR on their financing exclusion lists.
Coal companies use MTR mining methods because it allows for almost complete recovery of coal seams while significantly reducing the number of workers required compared to conventional methods. The coal-bearing counties of Appalachia are some of the poorest in the nation, despite the fact that some of the greatest wealth is being extracted from them.
For marginalized coalfield resident communities, MTR has meant the loss of thousands of jobs and growing health risks.Poverty has increased in MTR regions, even as corporate profits soar.
Once coal is extracted, it is then washed and treated, resulting in waste water called coal sludge—a mix of water, coal dust, clay and toxic chemicals such as arsenic, mercury, lead, copper, selenium and chromium. Billions of gallons of this toxic soup is then stored in vast, unlined impoundments or injected for storage in abandoned underground-mines.
Impoundments are often held in place by mining debris or earthen dams, making them unstable. Sludge dams have been known to fail. In October 2000, residents of Martin County, Kentucky suffered 306 million gallons of slurry entering their water supply. The disastrous spill was over 30 times the size of the Exxon Valdez spill.
environment
MTR is a mining practice where explosives are used to remove the tops of mountains and expose the thin seams of coal that lie beneath. Once blasted, the earth from the mountaintop is then typically dumped in the neighboring valleys. As a result, MTR mining poses significant threats to water quality in Appalachia, and undermines the objectives and requirements of the Clean Water Act. According to a 2005 environmental impact statement, nearly 2,000 miles of Appalachian streams have been buried or contaminated.
human rights
After blasting has occurred, waste from mining operations is systematically dumped into nearby valleys, burying streams. This waste then releases toxic metals, killing life in streams and polluting ground water. Health problems such as cancer, liver and kidney disease and skin rashes have been found in correlation with people who drink water from wells contaminated by coal mining. The problem was exacerbated in 2002 when the Bush Administration changed rules in the Clean Water Act to allow waste material to be considered “fill,” effectively legalizing the dumping of toxic mining waste directly into Appalachian waterways.
other issues
The expansion of mountaintop removal mining is fuelled by the fact that the U.S. is in the midst of a coal rush. Currently, more than 150 new
coal-fired power plants are in various stages of development around the
country, and our government is relaxing laws in order to allow even
more coal mining that destroys communities and ecosystems. These new
power plants will emit 600 million tons of carbon dioxide annually -
which is tantamount to doubling the number of cars on our roads! Coal
is the single biggest obstacle to curbing global warming as well as destructive coal mining practices.
shares/bonds underwriter or manager: $250 million (03/15/10) Bank of America Securities LLC underwrote a $250 million offering of TECO Energy notes source: TECO Energy Prospectus Supplement dated 3/6/10
corporate loan: $1.23 billion (4/15/10) Bank of America served as Co-Documentation Agent in a $1.23 billion credit agreement between 5 banks and Alpha Natural Resources in its second amended and restated agreement source: Bloomberg 4/28/10
corporate loan: $1.2billion (15/4/10) Bank of America, NA served as a co-documentation agent on Alpha Natural Resources and Foundation PA Coal Company’s $1.2 billion second amended and restated credit agreement source: Bloomberg 11/9/12
corporate loan: $1.6billion (19/5/11 and 27/6/12) Bank of America served as co-documentation agent on Alpha Natural Resources $1.6 third amended and restated credit agreement as well as the first amendment to the third amended and restated credit agreement source: Bloomberg 11/9/12
corporate loan: $64million (1/6/11) Merrill Lynch Pierce Fenner & Smith underwrote $64 million for Alpha Natural Resources $800 million bond offering source: Bloomberg 11/9/12
corporate loan: $56million (1/6/11) Merrill Lynch Pierce Fenner & Smith underwrote $56 million for Alpha natural Resources $700 million bond offering for the acquisition of Massey Energy source: Bloomberg 11/9/12
corporate loan: $700 million (19/3/10 and 24/11/10) Bank of America, NA served as documentation agent on both the fifth and sixth amendments to Arch Coal’s $700 million revolving credit facility source: Bloomberg 11/9/12
corporate loan: $2billiob (14/6/11 and 16/5/12) Bank of America served as co-documentation agent on Arch Coal’s $2 billion amended and restated credit agreement and served as term loan administrative agent on the first amendment to the amended and restated credit agreement source: Bloomberg 11/9/12
corporate loan: $2billion (14/6/11) Bank of America Merrill Lynch underwrote an unknown amount for two $1 billion bond offerings for Arch Coal. One due in 2019 and the other due in 2021 source: Bloomberg 11/9/12
corporate loan: $2billion (7/5/12) Bank of America Merrill Lynch was the lead manager for two $1 billion bond offerings for Arch Coal, one due 2019 and the other due 2021 source: Bloomberg 11/9/12
corporate loan: $1.5billion (7/5/10 and 12/4/11) Bank of America, NA served as syndication agent on both amended and restated credit agreements to CONSOL Energy’s $1.5 billion credit agreement source: Bloomberg 11/9/12
Notes exchange: $1.5billion (28/2/11) Bank of America Merrill Lynch served as lead manager for CONSOL Energy’s offer to exchange $1.5 billion in senior notes due 2017 and $1.25 billion in senior notes due 2020 source: Bloomberg 11/9/12
Notes exchange: $250million (2/3/12) Bank of America Merrill Lynch served as joint lead manager-books for CONSOL Energy’s offer to exchange $250 million in notes due 2021 source: Bloomberg 11/9/12
bonds issue: $64million (5/5/10) Banc of America Securities LLC underwrote $64 million for Patriot Coal’s $250 million bond offering source: Bloomberg 11/9/12
corporate loan: (6/1/11 and 31/1/12) Bank of America, NA served as a lender on amendment number 1 and the Second Amendment to Patriot Coal’s amended and restated credit agreement source: Bloomberg 11/9/12
corporate loan: $500million (9/7/12) Merrill Lynch Pierce Fenner & Smith was a joint lead arranger and Bank of America was a syndicate participant for a $500 million debtor-in-possession revolving loan to Patriot Coal. source: Bloomberg 11/9/12
corporate loan: $500million (9/7/12) Merrill Lynch Pierce Fenner & Smith was a joint lead arranger and Bank of America was a syndicate participant for a $500 million term loan to Patriot Coal. source: Bloomberg 11/9/12
corporate loan: $300.76million (11/7/12) Merrill Lynch Pierce Fenner & Smith was the sole lead arranger and Bank of America was a syndicate participant for a $300.76 million letter of credit for Patriot Coal. source: Bloomberg 11/9/12
Notes exchange: $600million (18/8/10) Paribas served as co-manager for Arch Coal’s offer to exchange $600 million in senior notes source: Bloomberg, 9/7/12
credit agreement: $1.23 billion (15/4/10) Citicorp North America, Inc served as Administrative Agent and Collateral Agent in a $1.23 billion credit agreement between 5 banks and Alpha Natural Resources in its second amended and restated agreement source: Bloomberg 4/29/10
credit facility: $1 billion (12/3/2010) Citicorp North America, Inc. served as one Lender among 22 lending banks to a $1 billion credit facility for Consol Energy in its second amendment source: Bloomberg 4/30/10
shares/bonds underwriter or manager: $300 million (15/3/10) Citigroup Global Markets Inc. underwrote a $300 million offering of TECO Energy notes source: TECO Energy Prospectus Supplement dated 3/6/10
shares/bonds underwriter or manager: $250 million (15/3/10) Citigroup Global Markets Inc. underwrote a $250 million offering of TECO Energy notes source: TECO Energy Prospectus Supplement dated 3/6/10
corporate loan: $1.6billion (19/5/11 and 27/6/12) Citicorp North America Inc served as administrative agent and collateral agent and Citigroup Global Markets served as joint lead arranger and joint bookrunner on Alpha Natural Resources $1.6 third amended and restated credit agreement as well as the first amendment to the third amended and restated credit agreement source: Bloomberg 9/7/12
corporate loan: $318million (1/6/11) Citigroup Global Markets Inc underwrote $318 million for Alpha Natural Resources $800 million bond offering source: Bloomberg 9/7/12
corporate loan: $278.25million (1/6/11) Citigroup Global Markets Inc underwrote $278.25 million for Alpha natural Resources $700 million bond offering for the acquisition of Massey Energy source: Bloomberg 9/7/12
Note exchange: $600million (18/8/10) Citigroup Global Markets served as co-manager for Arch Coal’s offer to exchange $600 million in senior notes source: Bloomberg 9/7/12
corporate loan: $2billion (14/6/11 and 16/5/12) Citibank served as co-documentation agent on Arch Coal’s $2 billion amended and restated credit agreement, and Citicorp North America served as co-documentation agent and Citigroup Global Markets Inc. served as joint lead arranger and joint bookrunner for the first amendment to amended and restated credit agreement source: Bloomberg 9/7/12
bonds issue: $2billion (14/6/11) Citigroup Global Markets Inc participated in 2 offers to exchange $1 billion in bond offerings for Arch Coal. One due in 2019 and the other due in 2021 source: Bloomberg 9/7/12
Notes exchange: $1billion (12/6/12) Citigroup Global Markets Inc. served as lead manager for Arch Coal Inc.’s offer to exchange $1 billion in notes due 2019 source: Bloomberg 9/7/12
bonds issue: $96million (5/5/10) Citigroup Global Markets Inc underwrote $96 million for Patriot Coal’s $250 million bond offering source: Bloomberg 9/7/12
corporate loan: (25/10/11) Citigroup Global Markets Inc served as joint lead arranger and joint bookrunner and Citibank NA served as syndication agent for TECO Energy Inc’s third amended and restated credit agreement source: Bloomberg 9/7/12
bonds issue: (6/1/11 and 31/1/12) Citibank NA served as a lender on amendment number 1 and the Second Amendment to Patriot Coal’s amended and restated credit agreement source: Bloomberg 9/7/12
General corporate finance: Alpha Natural Resources - May 2004
bonds issue: TECO Energy Inc - 2001 and 2002, Arch Coal Inc - July 2009
offering of Sernior notes: $600 million (7/28/09) Credit Suisse Securities (USA) LLC purchased over $5 million in Arch Coal securities in a $600 million offering of senior notes source: Bloomberg 4/30/10
shares/bonds underwriter or manager: $250 million (3/15/10) .P. Morgan Securities Inc. underwrote a $250 million offering of TECO Energy notes source: TECO Energy Prospectus Supplement dated 3/6/10
shares/bonds underwriter or manager: $300 million (3/15/10) J.P. Morgan Securities Inc. underwrote a $300 million offering of TECO Energy notes source: TECO Energy Prospectus Supplement dated 3/6/10
credit facility: $1 billion (3/12/2010) JPMorgan Chase Bank, N.A. served as one Lender among 22 lending banks to a $1 billion credit facility for Consol Energy in its second amendment source: Bloomberg 4/30/10
credit facility: $700 million (19/3/10 and 24/11/10) JP Morgan Chase Bank served as co syndication agent on both the fifth and sixth amendments to Arch Coal’s $700 revolving credit facility source: Bloomberg 9/7/12
corporate loan: $1.6billion (19/5/11 and 27/6/12) JP Morgan Chase Bank served as co-documentation agent on Alpha Natural Resources $1.6 billion third amended and restated credit agreement as well as amendment number 1 for the third amended and restated credit agreement (loan) source: Bloomberg 9/7/12
bonds issue: $35million (9/8/10) JP Morgan Securities Inc underwrote $35 million for Arch Coal’s $500 million bond offering source: Bloomberg 9/7/12
Notes exchange: $600million (18/8/10) JP Morgan Securities served as co-manager for Arch Coal’s offer to exchange $600 million in senior notes source: Bloomberg 9/7/12
shares/bonds underwriter or manager: $50 million (16/3/10) Morgan Stanley & Co. Incorporated underwrote $50 million of $100 million in convertible senior notes 3/16/10 for International Coal Group source: Bloomberg 4/30/10
shares/bonds underwriter or manager: $90 million (11/3/2010) Morgan Stanley underwrote $90 million and served as Lead Manager for $200 million in senior secured second-priority notes for International Coal Group source: Bloomberg 4/30/10
shares/bonds underwriter or manager: $250 million (15/3/10) Morgan Stanley & Co. Incorporated underwrote a $250 million offering of TECO Energy notes source: TECO Energy Prospectus Supplement dated 3/6/10
shares/bonds underwriter or manager: $300 million (15/3/10) Morgan Stanley & Co Incorporated underwrote a $300 million offering of TECO Energy notes source: TECO Energy Prospectus Supplement dated 3/6/10
corporate loan: $2.6billion (19/5/11 and 27/6/12) Morgan Stanley Senior Funding Inc served as sole syndication agent, joint lead arranger and joint book manager on Alpha Natural Resources $1.6 third amended and restated credit agreement as well as amendment number 1 to the third amended and restated credit agreement source: Bloomberg 9/7/12
bonds issue: $318million (1/6/11) Morgan Stanley & Co underwrote $318 million for Alpha Natural Resources $800 million bond offering source: Bloomberg 9/7/12
bonds issue: $278.25million (1/6/11) Morgan Stanley & Co underwrote $278.25 million for Alpha natural Resources $700 million bond offering for the acquisition of Massey Energy source: Bloomberg 9/7/12
bonds issue: $100million (9/8/10) Morgan Stanley & Co Incorporated underwrote $100 million for Arch Coal’s $500 million bond offering source: Bloomberg 9/7/12
Notes exchange: $600million (18/8/10) Morgan Stanley served as co-manager for Arch Coal’s offer to exchange $600 million in senior notes source: Bloomberg 9/7/12
corporate loan: $2billion (14/6/11 and 16/5/12) Morgan Stanley & Co served as joint lead arranger and joint bookrunner on Arch Coal’s $2 billion amended and restated credit agreement as well as the first amendment to the amended and restated credit agreement source: Bloomberg 9/7/12
bonds issue: $2billion (14/6/11) Morgan Stanley underwrote an unknown amount for 2 $1 billion bond offerings for Arch Coal. One due in 2019 and the other due in 2021 source: Bloomberg 9/7/12
Notes exchange: $1billion (16/6/12) Morgan Stanley served as lead manager for Arch Coal Inc’s offer to exchange $1 billion in notes due 2019 source: Bloomberg 9/7/12
corporate loan: (6/1/11 and 31/1/12) Morgan Stanley Senior Funding served as a lender on amendment number 1 and the Second Amendment to Patriot Coal’s amended and restated credit agreement source: Bloomberg 9/7/12
corporate loan: $200million (25/10/11) Morgan Stanley Senior Funding served as joint lead arranger, joint bookrunner and syndication agent for TECO Energy Inc’s third amended and restated $200 million credit agreement source: Bloomberg 9/7/12
corporate loan: $1.6 billion (part) (15/4/10 and 19/5/11 and 27/6/12) PNC Bank National Association and PNC Bank served as co-documentation agent on Alpha Natural Resources $1.6billion second and third amended and restated credit agreements as well as amendment number 1 to the third amended and restated credit agreement source: Bloomberg 9/7/12
bonds issue: $20million (1/6/11) PNC Capital Markets underwrote $20 million for Alpha Natural Resources’ $800 million bond offering source: Bloomberg 9/7/12
bonds issue: $17.5million (1/6/11) PNC Capital Markets underwrote $17.5 million for Alpha Natural Resources’ $700 million bond offering for the acquisition of Massey Energy source: Bloomberg 9/7/12
bonds issue: $25million (9/8/10) PNC Capital Markets LLC underwrote $25 million for Arch Coal’s $500 million bond offering source: Bloomberg 9/7/12
bonds issue: $10million (5/5/10) PNC Capital Markets underwrote $10 million for Patriot Coal Corp’s $250 million bond offering source: Bloomberg 9/7/12
corporate loan: $500million (part) (6/1/11 and 31/1/12) PNC National Association served as a lender for the first and second amendment for Patriot Coal’s $500 million credit agreement source: Bloomberg 9/7/12
bonds issue: $250million (part) (2/3/12) PNC Capital Markets served as joint lead manager- books for CONSOL Energy’s offer to exchange $250 million in bonds source: Bloomberg 9/7/12
corporate loan: $1.5billion (part) (7/5/10 and 12/4/11) PNC Bank National Association served as administrative agent, and PNC Capital Markets served as joint lead arranger for 2 amendments and restatements of CONSOL Energy’s $1.5 billion credit agreement source: Bloomberg 9/7/12
Notes exchange: $1billion (part) (12/6/12) PNC Capital Markets served as lead manager for Arch Coal Inc’s offer to exchange $1 billion in notes due 2019 source: Bloomberg 9/7/12
bonds issue: $2billion (part) (14/6/11) PNC Capital Markets participated in Arch Coal’s 2 $1 billion bond offerings source: Bloomberg 9/7/12
corporate loan: $2billion (part) (14/6/11 and 16/5/12) PNC Bank served as administrative agent on Arch Coal’s $2 billion amended and restated credit agreement and the first amendment to amended and restated credit agreement source: Bloomberg 9/7/12
Notes exchange: $600million (part) (18/8/10) PNC Capital Markets served as co-manager for Arch Coal’s offer to exchange $600 million in senior notes source: Bloomberg 9/7/12
corporate loan: $700million (part) (19/3/10 nd 24/11/10) PNC Bank National Association served as administrative agent on both the fifth and sixth amendments to Arch Coal’s $700million revolving credit facility source: Bloomberg 9/7/12
corporate loan: (8/11/10) UBS Securities served as sole arranger and UBS Loan Finance LLC served as swingline lender for AT Massey Coal Company’s second amended and restated credit agreement source: Bloomberg 9/7/12
bonds issue: $50million (16/3/10) UBS Securities LLC underwrote $50 million for International Coal Group’s $100 bond offering source: Bloomberg 9/7/12
bonds issue: $7.5million (9/8/10) UBS Securities LLC underwrote $7.5 million for Arch Coal’s $500 million bond offering source: Bloomberg 9/7/12
bonds issue: $230million (part) (29/3/11) UBS Securities LLC served as joint lead manager – books for James River Coal Co’s $230 million bond offering source: loomberg 9/7/12
corporate loan: $100million (part) (• 1/28/10, 8/16/10, 10/29/10, 3/6/11, 4/15/11, 6/30/11) UBS Loan Finance LLC and UBS AG, Stamford Branch served as lenders for 6 amendments and restatements to James River Coal Company’s revolving credit agreement worth $100 million source: Bloomberg 9/7/12
Notes exchange: $270million (part) (13/10/11) UBS Securities LLC served as lead manager for James River Coal Co’s offer to exchange $270 million in notes source: Bloomberg 9/7/12
corporate loan: (6/1/11 and 31/1/12) UBS Loan Finance LLC served as a lender on amendment number 1 and the Second Amendment to Patriot Coal’s amended and restated credit agreement source: Bloomberg 9/7/12
shares/bonds underwriter or manager: $300 million (3/15/10) Wells Fargo Securities LLC underwrote a $300 million offering of TECO Energy notes source: TECO Energy Prospectus Supplement dated 3/6/10
shares/bonds underwriter or manager: $250 million (3/15/10) Wells Fargo Securities, LLC underwrote a $250 million offering of TECO Energy notes source: TECO Energy Prospectus Supplement dated 3/6/10
corporate loan: $1.6billion (part) (19/5/12) Wells Fargo Bank was a syndicate participant in a $600 million term loan and $1 billion revolving line of credit for Alpha Natural Resources. source: Bloomberg 11/9/12
corporate loan: $700million (part) (19/3/10 and 24/11/10) Wachovia Bank served as co syndication agent on both the fifth and sixth amendments to Arch Coal’s $700million revolving credit facility source: Bloomberg 11/9/12
bonds issue: $2billion (part) (7/5/12) Wells Fargo Securities was a co-manager and underwriter for two $1 billion bond offerings for Arch Coal due 2019 and 2021. source: Bloomberg 11/9/12
bonds issue: $1 billion (part) (14/6/11) Wells Fargo & Co and Wells Fargo Securities LLC underwrote an unknown amount for 2 $1 billion bond offerings for Arch Coal. One due in 2019 and the other due in 2021 source: Bloomberg 11/9/12
Notes exchange: $1.5billion (part) (28/2/11) Wells Fargo & Co served as lead manager for CONSOL Energy’s offer to exchange $1.5 billion in senior notes due 2017 and $1.25 billion in senior notes due 2020 source: Bloomberg 11/9/12
By the summer of 2010 Citi, JPMorgan Chase, Bank of America, Credit Suisse, Morgan Stanley, Wells Fargo and UBS have all publicly confirmed that they are moving away from bankrolling the destruction of America's mountains.
Arch Coal
- profile Arch Mineral Corporation was founded in 1969 as a partnership between Ashland Oil (now Ashland, Inc.) and the H. L. Hunt family of Dallas, Texas. Ashland Coal, Inc. was formed in 1975 as a subsidiary of Ashland Oil. The privately held Arch Mineral Corporation merged with Ashland Coal, Inc. in July 1997, creating the present-day company.
Arch's Dal-Tex mining operations above the town of Blair, West Virginia were the subject of a 1998 US News and World Report story "Shear Madness" by Penny Loeb. The story documented the impacts of mountaintop removal on communities close to the mines and their subsequent depopulation. A landmark 1999 lawsuit brought by the West Virginia Highlands Conservancy, Bragg v. Robertson was the first successful citizen lawsuit to stop Arch's proposed mountaintop removal valley fill. The fill would have buried several miles of stream at Pigeon Roost Hollow near Blair, West Virginia.
In his ruling for the plaintiffs, Judge Charles H. Haden stated that "If there is any life form that cannot acclimate to life deep in a rubble pile, it is eliminated. No effect on related environmental values is more adverse than obliteration...Under a valley fill the water quality of the stream becomes zero. Because there is no stream, there is no water quality."
Arch Coal's West Virginia mining operations in the Appalachian Mountains were the subject of a critical documentary in 2002 on Now with Bill Moyers on PBS.
On October 16, 2009, the EPA announced that it planned to use its authority to halt the permit for Mingo Logan Coal's Spruce No. 1 mine, which is owned by Arch Coal. The agency said it was acting on its authority for the first time since the Clean Water Act was enacted in 1972. The project at issue would be the largest authorized mountaintop removal operation in Appalachia. In a letter to the Army Corps of Engineers, EPA Regional Administrator William Early said the action "reflects the magnitude and scale of anticipated direct, indirect, and cumulative adverse environmental impacts associated with this mountaintop removal mining operation."
However, on January 5, 2010, a federal court in West Virginia agreed to extend a deadline for discussions with Arch Coal Inc.'s Mingo Logan Mining Co. about the mine's permit, which was halted in October.
CONSOL Energy Inc CONSOL Energy Inc. (NYSE: CNX) is the largest producer of high-Btu bituminous coal in the United States. CONSOL Energy has evolved from a single-fuel mining company into a multi-energy producer of both high-Btu coal and gas.
James River Coal Company
James River Coal Company mines and sells bituminous, steam and industrial-grade coal through six operating subsidiaries located throughout Eastern Kentucky and Southern Indiana. They are the sixth largest coal producer in Central Appalachia and the third largest in the Illinois Basin.
TECO Energy Inc TECO Energy is an S&P 500 energy company headquartered in Tampa, Florida. TECO Energy's four business units include Tampa Electric, a regulated electric utility serving nearly 667,000 customers in West Central Florida; Peoples Gas System, Florida's largest natural gas distribution utility; TECO Coal, producer of coal in Kentucky and Virginia; and TECO Guatemala, owner of two power plants and an interest in Guatemala's largest distribution utility. TECO Energy is traded on the New York Stock Exchange under the symbol TE.
Dec 13, 2010 - Reverend Billy and his followers hijack a PNC office in Washington, urging PNCBank to stop financing mountaintop removal coal mining in the Appalachia mountains.
Demonstration against JPMorgan Chase in Manhattan
Jun 08, 2010 - Rev. Billy and his choir literally brought the muddy devastation of Appalachia to Chase offices in Manhattan
JP Morgan Chase client discussing her account with a Chase banking official
Jun 08, 2010 -
Marie Gunnoe Speaks out about Flooding
Jul 06, 2009 - Goldman "Enivironmental Nobel" Prize winner, Marie Gunnoe, describes the flooding at her home in Bob White, West Virginia, as a direct result of Mountain Top Removal.
Wise Up Dominion
Nov 05, 2008 - RAN joins its Appalachian allies to demand a clean energy future in Wise County, Virginia.
Demonstration at Citi AGM, 22 April 2008
May 08, 2008 - Demonstration against the involvement of Citi Group in financing mountain top removal coal mining
RAN Action at Citibank in Washington DC
Nov 07, 2007 - RAN action protests against Citibank's coal investments on November 5, 2007.