Climate protesters march on Wall Street, block street near stock exchange
Hundreds of protesters marched through New York City’s financial district on Monday and blocked streets near the stock exchange to denounce Wall Street’s role in raising money for businesses that contribute to climate change.
Protesters stopped traffic on Broadway south of the New York Stock Exchange. Three people were arrested.
The demonstration, called Flood Wall Street, came on the heels of Sunday’s international day of action that brought 310,000 people to the streets of New York City in what activists was said was the largest protest ever held on climate change.
Sunday’s turnout was about triple that of the previous biggest, a Copenhagen demonstration five years ago.
Shortly after the close of trading on the New York Stock Exchange at 4 p.m., demonstrators tried to push back metal barricades the New York Police Department had used to keep them away, an effort that ended when police turned pepper spray on the crowd.
The group has roots in the Occupy Wall Street movement that started in a downtown Manhattan park in 2011 to protest what it called unfair banking practices that serve the wealthiest 1 percent, leaving behind 99 percent of Americans.
Kai Sanburn, a 60-year-old nurse and mother of two from Los Angeles, said she had traveled to New York for Sunday’s march and wanted to do more.
“Marching is wonderful but to really change things we really need to change things,” Sanburn said on Monday. “The action here against Wall Street is really expressive of the feeling that corporations and capitalism no longer serve people.”
Flood Wall Street organizers said they hope Monday’s action will draw a link between economic policies and the environment, accusing top financial institutions of “exploiting frontline communities, workers and natural resources” for financial gain.
The event is part of Climate Week, which seeks to draw attention to carbon emissions and their link to global warming, and it comes ahead of a Tuesday United Nations Climate Summit.
(Reporting by by Sebastien Malo; Writing by Victoria Cavaliere and Scott Malone; Editing by Fiona Ortiz, Sandra Maler, Susan Heavey and Cynthia Osterman)