Stop Funding the Methane Menace: Tell Banks to End LNG Expansion!

LNG is not a solution—it's a climate catastrophe in disguise. The fossil fuel industry is spending billions to rebrand its most potent pollutant, methane gas, as a "transition fuel." Don't fall for the lie. LNG is a dirty, dangerous, and expensive dead end.

Here’s the reality:

  • A Methane Bomb: Methane, the primary component of LNG, is 80 times more potent than CO2 at trapping heat over a 20-year period, making it a critical threat to our climate.
  • Poison for People: LNG is primarily extracted via fracking, a process which contaminates our drinking water and releases toxic chemicals into the air, causing severe health problems for communities near these sites.
  • Bankrolling Disaster: The gas industry can’t build a single new facility without billions in financing from major banks. By cutting off this funding, we can stop the LNG boom in its tracks.
  • Delaying Real Solutions: The push for LNG locks us into new polluting infrastructure for decades when we urgently need to invest in clean, renewable energy.
  • Too Much Already: There’s already too much LNG supply and a growing glut. This makes investments in new LNG facilities even more financially risky. And taxpayers and communities will be left holding the bag.

The future we want is powered by sun and wind, not corporate greed. It's a future where Indigenous rights are respected, where our air and water are clean, and where our communities are safe.

Stand with us! Sign the petition today to tell banks to stop funding the LNG boom and invest in a healthy, sustainable future instead.
 

To: Global banks funding LNG expansion Click to see full petition text

We call on you to end all financial support for new and expanded liquefied “natural” gas (LNG) projects, particularly LNG export terminals and related pipelines.

LNG is not a “transition fuel”—it's a climate and health catastrophe, and a bad investment for banks. LNG is primarily methane gas, a climate pollutant 80 times more potent that carbon dioxide over a 20 year period.

Despite a looming LNG oversupply, gas companies are racing to build new LNG export facilities across North America, which will lock in climate-polluting energy for decades and harm the health of local communities.

Your institution provides financing via lending, underwriting, and advisory services that enable LNG expansion.

We demand that your bank:

  1. End all lending, underwriting, and advisory services for new or expanded LNG projects;
  2. End corporate level financing for companies developing new and expanded LNG supplies;
  3. Remedy the health and environmental harms caused by LNG projects to local communities and invest in thriving, sustainable communities.

Banks including ING, BNP Paribas, and HSBC have already taken steps to end their funding for LNG—the question is whether you will lead or be left behind.

Stop bankrolling the LNG glut—it’s time to fund the future instead of the polluting past.

SIGN THE PETITION

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