After five years of action by Earth Quaker Action Team, PNC Bank announced a shift in its policy on March 2 that will effectively cease its financing of mountaintop removal coal mining in Appalachia.
This marks a major turnaround for the nation’s seventh largest bank, which for years refused to budge on this issue. After more than 125 actions, their desire to continue business as usual proved no match for Earth Quaker Action Team, or EQAT, and our allies.
EQAT (pronounced “equate”) acted in solidarity with the frontline resistance coordinated by the Alliance for Appalachia. Over 500 mountains had been blown up, covering an area the size of Delaware. Cancer and birth defect rates shot up because of the toxins that poisoned the air and water supply, and the jobs lost to extreme extraction depopulated towns in the region.