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 While the outdated practice has been phased out in many parts of the world, new mining proposals in Papua New Guinea and Norway signal that such dumping is being ramped up, not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

Join in a Climate Strike Event

People have been conducting strikes as a method of demanding change for many years.

Sustainable Scrubbing

Cleaning the house shouldn’t be a health hazard, yet studies have linked many popular cleaning products to asthma and other respiratory ills, developmental problems in young children and breast cancer.

Cetacean Liberation

Canada’s Parliament recently passed legislation banning the practice of breeding and keeping whales, dolphins and porpoises in captivity.

Growing Pains

Cultivation throughout the U.S. is becoming more difficult because of unpredictable weather patterns, leading to higher prices and lowered productivity.

Cola Quandary

Vietnam is among the biggest contributors to plastic waste in the ocean, and Suntory Holdings, a giant Japanese beverage company, has joined its rivals Coca-Cola and Nestlé to encourage new recycling strategies to fend off such actions as the European Union’s move toward outlawing single-use plastic items.

Add your comment:
Edit ModuleShow Tags

See More »This Month

Choosing a Holistic Healthcare Provider Just got Easier

Dr. Nicholas LeRoy, a local chiropractic physician and holistic medicine specialist, treats patients using alternative and holistic therapies at his Chicago-based Illinois Center for Progressive Health.

New Functional Medicine Practice in Glenview

Dr. Fatima Vilich has opened a new practice in Glenview, specializing in pain management and chronic diseases.

Don’t Let Adhesions Become a Sticking Point

Full movement is key for everyone, from office workers to weekend warriors. Being tight and in pain isn’t something you have to live with.

Awaken Wisdom with Maytawee

Maytawee, a Buddhist Monk-nun and minister of divinity, will offer a variety of Awakening Your Authentic Wisdom classes and workshops this July and August in the Chicago area.

Reshape Your Reality with Robin Marvel

Author and motivational speaker Robin Marvel is presenting a workshop, Reshaping Reality Creating Your Life.

Women’s Heart Health Natural Prevention

Heart disease kills more women every year than any other. But when armed with the knowledge to take care of heart health, rather than just manage the disease, we will see a precipitous drop in that number.