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“Susan Rice, the candidate believed to be favored by President Obama to become the next Secretary of State, holds significant investments in more than a dozen Canadian oil companies and banks that would stand to benefit from expansion of the North American tar sands industry and construction of the proposed $7 billion Keystone XL pipeline,” OnEarth Magazine reports. “If confirmed by the Senate, one of Rice’s first duties likely would be consideration, and potentially approval, of the controversial mega-project.”
Did they think we wouldn’t find out?
It’s indefensible that Rice has millions of dollars invested in oil companies and banks that will make huge profits if the State Department gives approval to the XL pipeline.
As a high-ranking administration official — and a potential replacement for Hillary Clinton early next year to run the State Department — Susan Rice shouldn’t have any stake in corporations that are doing all they can to plunder tar sands in Canada and send carbon emissions soaring even faster.
The founder of 350.org, Bill McKibben, just told OnEarth Magazine: “It’s really amazing that they’re considering someone for Secretary of State who has millions invested in these companies. The State Department has been rife with collusion with the Canadian pipeline builders, and it’s really distressing to have any sense that that might continue to go on.”
We agree. It’s amazing. And intolerable.
— The RootsAction.org team