Wall St.

After all the bad news about mountaintop removal how about a little success?

Yesterday Bank of America, a lead financier of coal, announced that they will be phasing out financing for companies that practice mountaintop removal coal mining, a highly destructive and controversial method of coal extraction. Bank of America’s decision is a giant leap forward in the fight against mountaintop removal, which has devastated Appalachian communities and the mountains and streams on which they depend.