Katuah Earth First! Shuts Down TD Bank in Protest Against Kesytone XL

22nd March 2013taking over the lobby

Four arrest­ed at live­ly protest against fos­sil fuel infra­struc­ture

22nd March 2013taking over the lobby

Four arrest­ed at live­ly protest against fos­sil fuel infra­struc­ture

More pic­tures here

Asheville, NC —  60 peo­ple took to the streets today to protest the Key­stone XL pipeline in down­town Asheville. After a ral­ly in Pritchard Park, the march made its way to TD Bank, a major investor in the Key­stone XL pipeline and occu­pied the lob­by, forc­ing the bank to close for the rest of the day. Pro­tes­tors car­ried ban­ners read­ing, “Oba­ma, Your Pipedream is a Night­mare” and “TD Bank, divest from dirty oil.” Police arrest­ed four pro­test­ers who refused to leave until TD Bank agreed to divest from the tar sands indus­try.

The action was orga­nized by Asheville based Kat­u­ah Earth First! and is part of a week of nation­wide protests called for by Tar Sands Block­ade  a coali­tion of Texas landown­ers and envi­ron­men­tal­ists fight­ing the south­ern leg of the pipeline.

“We are going to hold account­able the com­pa­nies that threat­en our future with their dirty invest­ments. With every dol­lar TD Bank invests in the Key­stone XL pipeline we can feel the noose tight­en­ing around our necks,” said Pat­ty Petro­luse, a stu­dent in Asheville. TD Bank holds over 13 mil­lion shares in Tran­scana­da, the com­pa­ny build­ing the Key­stone XL pipeline.

“In a time of esca­lat­ing drought, wild­fires, and super-storms fueled by cli­mate change it is sui­ci­dal to invest bil­lions of dol­lars in new fos­sil fuel infra­struc­ture. The Key­stone XL pipeline would be deliv­er­ing the dirt­i­est fos­sil fuel imag­in­able, tar sands oil”, said Hen­ry Lowry.

If built, the pipeline would tear through thou­sands of miles of sen­si­tive ecosys­tems, farm­land, and Native Amer­i­can trib­al lands in order to deliv­er Cana­di­an tar sands oil to Gulf Coast refiner­ies. Con­trary to indus­try claims, the vast major­i­ty of the oil would be des­tined for export, not for US con­sump­tion. Canada’s tar sands oil has been labeled by envi­ron­men­tal groups as the “dirt­i­est project on earth.” Extrac­tion of tar sands requires mas­sive strip mines that have already destroyed hun­dreds of square miles of Canada’s bore­al for­est. Tar sands oil pro­duc­tion is extreme­ly ener­gy inten­sive and pro­duces far more green­house gas emis­sions than con­ven­tion­al oil.

The week of protest has seen protests in over 30 cities around the coun­try and over 40 arrests as activists express their oppo­si­tion to the Key­stone XL Pipeline. Kat­u­ah Earth First! is proud to con­tribute to the nation­wide move­ment against new fos­sil fuels infra­struc­ture.