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.