Movement to Defund DAPL Passes $5 Billion
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Los Angeles, Albequerque and New York are also moving to withdraw pension and other accounts from the banks that finance the DAPL pipeline. Perhaps the most potent threat to DAPL comes from New York City’s pension funds, which control $165 billion in retirement money.
The movement to defund the Dakota Access Pipeline is rapidly gathering momentum, as individuals, cities and tribes have taken more than $5 billion from banks that have financed DAPL.
According to the website defunddapl.org, which is maintained by several groups involved in the water protector movement that protested DAPL near the Standing Rock Sioux reservation in North Dakota for many months, individuals have taken away $76 million in deposits from DAPL banks while institutions have defunded those banks of more than $5.3 billion.
via DAPL Fallout Continues: Defund Movement Passes $5 Billion – Indian Country Media Network
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