The original content of Democracy Now! Headlines appears under the Creative
Commons BY-NC-ND 3.0 License (United States). For more, including their other
shows and media, visit www.democracynow.org.
March 4, 2020

Wells Fargo Says It Won't Invest in Arctic Oil and Gas Drilling
---------------------------------------------------------------

Wells Fargo has ruled out investing in oil and gas drilling in the
Arctic, making it the third major U.S. bank to withdraw support for
fossil fuel projects in the ecologically delicate region. The Sierra
Club on Tuesday hailed Wells Fargo's pledge but warned the shift does
not make improvements to the bank's other oil and gas financing
policies. This comes as the Trump administration is pushing forward with
plans to open the Arctic National Wildlife Refuge to drilling.


.