Dumping Disincentive

Big Bank Acts to Protect Oceans from Mine Waste




SurfsUp/Shutterstock.com

Citigroup is no longer financing mining projects that dump mine waste into the ocean. The move comes in response to pressure from the Ditch Ocean Dumping campaign, which calls on financial institutions to divest from any
project or company that employs the practice. “Banks and financial institutions must actively take steps to ensure that they are not bankrolling the destruction of our oceans,” says campaign coordinator Ellen Moore of Earthworks. Mine waste can contain up to three dozen dangerous chemicals, including arsenic, lead, mercury and cyanide. These metals accumulate in fish, and ultimately, the wildlife and people that eat them. The pollution contaminates drinking water, decimates ecosystems and destroys fisheries. While the outdated practice has been phased out in many parts of the world, new mining proposals in Papua New Guinea and Norway signal that such dumping is being ramped up, not phased out.


This article appears in the November 2018 issue of Natural Awakenings.

Edit ModuleShow Tags

More from Natural Awakenings

EDDS Solar Excels in Sustainable Power for Texas and Beyond

Thomas Edds, owner of Electric Distribution & Design Systems, (EDDS Solar) has never been timid about exploring and trying new things.

The Dirt on Green Cleaning

Cleaning products are the number one source of toxins in our homes, linked to reproductive disorders, neurological problems and cancer.

Nutrition, Compassion and Convenience Identify PlantSet Meals

An August 1, 2018, article in Supermarket News reported, “Sales of plant-based foods grew by an incredible 20 percent in the 52 weeks ending June 16, 2018, reaching a total of $3.3 billion.”

DFW Solar Tour

The 10th annual DFW Solar Tour will be held from 10 a.m. to 4 p.m., October 5, at a selection of innovative homes and buildings throughout the Dallas-Ft. Worth Metroplex.

Lime Rider Service Gives Back

Lime is a transportation service that empowers riders with affordable, sustainable shared transportation options that reach every neighborhood.

Add your comment: