Quakers protest PNC mountaintop removal financing - Beckley, Bluefield & Lewisburg News, Weather, Sports

Quakers protest PNC mountaintop removal financing

Posted: Updated:
  • Local NewsLocal NewsMore>>

  • Woman suffers minor injuries after car rolls on I-77 in Raleigh County

    Woman suffers minor injuries after car rolls on I-77 in Raleigh County

    Wednesday, July 30 2014 10:13 PM EDT2014-07-31 02:13:55 GMT
    Car rolled multiple times on I-77 North in Raleigh County.Car rolled multiple times on I-77 North in Raleigh County.
    In Raleigh County, a woman is miraculously not seriously injured, after her car rolls over on I-77 around 6:30 Wednesday night.An eyewitness tells us the woman was driving in the left lane on the northbound side. She suddenly veered off the road, over corrected,then slammed into the side of a tractor trailer. The car rolled multiple times before coming to a stop on it's roof.The witness says two small dogs ran out of the car. Moments later, the woman crawled out and ran after one of the dogs....
    In Raleigh County, a woman is miraculously not seriously injured, after her car rolls over on I-77 around 6:30 Wednesday night.An eyewitness tells us the woman was driving in the left lane on the northbound side. She suddenly veered off the road, over corrected,then slammed into the side of a tractor trailer. The car rolled multiple times before coming to a stop on it's roof.The witness says two small dogs ran out of the car. Moments later, the woman crawled out and ran after one of the dogs....
  • EXCLUSIVE VIDEO: Woman struck by car on Robert C. Byrd Drive

    EXCLUSIVE VIDEO: Woman struck by car on Robert C. Byrd Drive

    Friday, August 1 2014 7:54 PM EDT2014-08-01 23:54:05 GMT
    A woman was struck by a car in front of Family Coin Laundry on Robert C. Byrd Drive in Beckley Thursday night.This is surveillance video given to us by the business owners. She was not walking on a designated crosswalk. So who is at fault?
    A woman was struck by a car in front of Family Coin Laundry on Robert C. Byrd Drive in Beckley Thursday night.This is surveillance video given to us by the business owners. She was not walking on a designated crosswalk. So who is at fault?
  • Alpha Natural Resources may idle eight mines in the state of West Virginia

    Alpha Natural Resources may idle eight mines in the state of West Virginia

    Friday, August 1 2014 3:58 PM EDT2014-08-01 19:58:48 GMT
    Alpha Natural Resources might lay off over 1,000 minersAlpha Natural Resources might lay off over 1,000 miners
    Just days after coal miners rally in Pittsburgh over new rules on EPA emissions another problem arises for the coal industry.Alpha Natural Resources says because of a weak market and government regulations mine sites might have to be shut down.Eight Alpha affiliated surface mines in West Virginia are expected to be shutdown by mid October. Three of the eight mines are right here in Southern West Virginia.One of the mines that could be idled is the Pioneer Fuel's Ewing Fork number 1 Surface Mi...
    Just days after coal miners rally in Pittsburgh over new rules on EPA emissions another problem arises for the coal industry.Alpha Natural Resources says because of a weak market and government regulations mine sites might have to be shut down.Eight Alpha affiliated surface mines in West Virginia are expected to be shutdown by mid October. Three of the eight mines are right here in Southern West Virginia.One of the mines that could be idled is the Pioneer Fuel's Ewing Fork number 1 Surface Mi...

PITTSBURGH (AP) — Quaker protesters asked PNC Bank to stop funding projects that use mountaintop removal to produce coal and, if it doesn't, asking investors to divest from the sixth-largest bank in America.

About 25 protesters held signs and sang hymns Tuesday morning outside the annual PNC Financial Services Group Inc. shareholder meeting in downtown Pittsburgh.

Zachary Hershman, one of the protesters, said they chose PNC because of its connection to Provident National Corp., a bank that was founded by Quakers in the mid-1800s. On its website, PNC calls itself "a leader in eco-friendly development."

"I think what it comes down to is integrity, which means what you say has to be matched by your actions," Hershman said. The Quakers also had shareholders inside the meeting who were asking company executives to stop funding mountaintop removal, which many environmental groups say causes extensive damage to the environment and to mining communities.

During the process, coal companies remove the tops of mountains to get at deposits of coal buried near the surface, as opposed to drilling a shaft for underground mining.

The Quakers were also asking people who have PNC stock or accounts to divest until the bank stops funding mountaintop removal projects. Hershman said the divestment campaign has totaled about $3 million.

PNC spokesman Frederick Solomon declined to comment on the protest.

The Pittsburgh-based bank's own corporate responsibility report acknowledges concerns about mountaintop removal. PNC notes that it provides financing for a diverse group of energy companies, including coal, natural gas, nuclear, hydroelectric, wind, biomass, geothermal and solar.

The responsibility report also said that "despite the considerable national focus on renewable energy sources and energy efficiency, coal and natural gas will continue to supply most of America's domestic electricity demands for the immediate future," and that those industries have "filled a critical need" in communities where jobs are scarce.

 

Copyright 2013 The Associated Press.