Wall Street’s Oil Deals Have Climate Activists Resorting to New Tactics

A climate activist holds a sign during a protest outside Citigroup headquarters on June 2024.Photographer: Jeenah Moon/Bloomberg

In the summer of 2024, Alec Connon was a regular occupant of the small plaza in front of Citigroup Inc.’s Manhattan headquarters.

As a chief architect of a months-long, headline-grabbing protest against the bank’s funding of fossil-fuel companies he was to be found either in a human chain blocking the front door, holding a placard, or chanting, “Hey Citi, get off it, put planet over profit.”