Morgan Stanley stops financing coal

The Rainforest Action Network (RAN) announced today that Morgan Stanley and Wells Fargo have taken steps to stop financing fossil fuel development.

Recently we delivered a petition signed by over 11,000 people to the Indianapolis Morgan Stanley offices, asking them to do this.  It is surprising when people actually listen sometimes.  But I am very grateful for this news.  There are a number of factors that make this the right decision for these companies besides the environmental reasons, but I still appreciate very much that they are doing this.

UPDATED 12/1/2015:  I called the Indianapolis Morgan Stanley offices and left a message for Joseph Kelley, the branch manager who met with us, thanking him for meeting with us, and Morgan Stanley for changing their policy.

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