Thank Bank of America for Promising Not to Fund Arctic Oil Drilling

Bank of America has officially committed to not financing any oil and gas exploration in the Arctic.

Thanks to pressure from environmental groups and Indigenous communities, one more big bank has joined its peers like Goldman Sachs, Morgan Stanley, Chase, Wells Fargo, and Citi in this environmental commitment.

According to EcoWatch, the decision is especially significant because outgoing President Donald Trump has opened up the Arctic National Wildlife Refuge (ANWR) to fossil fuel exploration, and is rushing to sell leases for drilling in the refuge before leaving office.

Let us thank Bank of America for this positive move to protect our planet's fragile environment. Our civilization needs to wean itself off dirty fossil fuels and embrace getting all of its energy needs from renewable sources.