Philly environmental groups picket TD Bank over Line 3 investment

Ellen Somekawa, an organizer with the Philly Water Protectors, said the project violates Native American treaty rights, risks environmental contamination, and would bring more carbon emissions.

“[TD’s] support through loans and bond issues and other funding are what makes this pipeline possible,” Somekawa said of the banking giant. “Tar sands are one of the dirtiest forms of fossil fuels, so you think about this thing going through Native lands, including our precious water resources.”

TD Bank declined to discuss the project or its investments in Enbridge, but countered that it also invests in green energy and aimed to radically reduce its climate impact –– albeit several decades down the road.