Natural gas and the necessary pipeline infrastructure are responsible for America leading the world in carbon emissions reduction. More of both will be necessary as we integrate more renewables and replace more of our generating capacity with much cleaner fuels.

I hope you will keep these thoughts in mind, and work for a revised policy that is more balanced and reflects the immense economic contributions that the energy supply chain provides to our nation and our environment.

Your policy prohibits the bank from financing pipeline projects. It further subjects new and existing clients who support energy infrastructure to heightened scrutiny of their policies and practices. This misguided action negatively impacts millions of American workers employed in over 120,000 companies in 60 industries, annually contributing more than $170 billion to the U.S. economy, working in every state of the union, who provide construction, equipment, supplies, logistics, professional services and technology in support of energy production and delivery infrastructure.

I ask you to convey to the Bank's other Officers and Directors that your actions are a direct assault on Americas energy workers, energy independence and economic vitality, as our country moves to rebuild its infrastructure, integrate more clean-burning natural gas and renewables into the power grid, and put hard-working Americans back to work.