DAPL Update: News on Ongoing Divestment and Minnesota’s Native-Owned Bank

A collection of major pension funds, a labor union, and many religious organizations are putting financial pressure on banks supportingĀ  the Dakota Access Pipeline (DAPL). They are asking the banksĀ  to address or support the Standing Rock Nation’s request to reroute the pipeline. They have some financial muscle, collectively holding $653 billion in investments.

In other news,

  • Norway’s largest private investor just pulled its investments out of all companies involved with DAPL.
  • This month in history, the largest inland oil pipeline spill happened in Minnesota, near Grand Rapids.
  • And did you know that there are 18 banks owned by Native American people in this country? One of those banks is in Hinkley.

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