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Bank considers pulling financing on DAPL

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Sacred Stones Camp at Standing Rock, Sept 8, 2016.
Sacred Stones Camp at Standing Rock, Sept 8, 2016.
(Image by Georgianne Nienaber)
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Norwegian bank DNB will reconsider its participation in the financing of the North Dakota oil pipeline if concerns raised by Native American tribes against its construction are not addressed. Local authorities and Water Protectors have been clashing over the Dakota Access pipeline project. Native American tribes contend that the pipeline would disturb sacred land and pollute waterways. 'DNB... will...take initiative and use its position to bring about a more constructive process to find a solution to the conflict,' Norway's largest bank said in a statement. 'If these initiatives do not give appeasing answers and results, DNB will consider its further involvement in the financing of the project.' (Ed Note, In Sept, YES! Magazine published the contact info for all the banks supporting the DAPL project so that readers could contact them with concerns...looks like it is working!)

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At www.reuters.com

 

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Meryl Ann Butler is an artist, author, educator and OpedNews Managing Editor who has been actively engaged in utilizing the arts as stepping-stones toward joy-filled wellbeing since she was a hippie. She began writing for OpEdNews in Feb, 2004. She became a Senior Editor in August 2012 and Managing Editor in January, (more...)
 

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