JPMorgan Chase plans to cut support for fossil fuels, but local climate activists say it’s not enough

Nancy Lavin

03/02/2020

JPMORGAN CHASE & CO. has been criticized by climate activists for investing in fossil fuels, including local activists with Climate Action Rhode Island who have protested branch openings. / COURTESY CLIMATE ACTION RHODE ISLAND

PROVIDENCE – Amid criticism from environmentalists and shareholder groups, JPMorgan Chase & Co. announced plans to end or phase out loans to some fossil fuel projects on Feb. 25, various news outlets reported. But local activists with Climate Action Rhode Island, who have staged several protests in front of JPMorgan’s two Rhode Island branches, say…

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