Via Telesur:
“A handful of millionaires and billionaires in the fossil fuel industry might benefit, but (DAPL) is a disaster for the rest of us,” the mayor said.
New York City Mayor Bill de Blasio warned Wells Fargo & Company over its funding for the Dakota Access pipeline, saying he has the power to pull the plug on the bank’s contract for operating accounts.“I am writing to express my deep concern about your involvement, and the involvement of other banks, in financing the Dakota Access Pipeline,” de Blasio wrote in a Feb. 17 letter to Wells Fargo CEO Timothy Sloan.
He said his concern stemmed from the fact that he is the mayor of a “coastal city threatened by climate change” and that such a structure carrying half a million of barrels a day “would violate human and tribal rights of the Standing Rock Indian Reservation” as well as the “global environment.”