Rainforest Action Network has been campaigning against JPMorgan Chase for some time, trying to get the giant bank to stop bankrolling mountaintop removal. The San Francisco based group of rabble rousers might be now seeing some progress. At its annual general shareholder meeting, JPMorgan Chase released its 2009 Corporate Responsibility Report, which includes its first public statement on financing for MTR. JPMorgan says that it "has undertaken an enhanced review of all proposed banking transactions for companies engaged in MTR....includ[ing] considerations of a company's regulatory compliance history, as well as exposure to future regulatory changes and litigation risks, particularly as they relate to valley fills and water quality issues."
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