Neil Young changes boycott focus from Spotify to banks

Singer-songwriter Neil Young pleaded with baby boomers to stop investing in Wells Fargo, Chase, Citibank, and Bank of America because of the banks’ financial contributions to the fossil fuel industry.

On Monday, Young released a statement saying that boomers “need to lead” in fighting “climate chaos.” He claimed that “70% of the country’s financial assets are in your hands compared with just about 5% for millennials.”

“Join me as I move my money away from the damage causers or you will unintentionally be one of them,” Young wrote. “You have the power to change the world. We can do it together. Your grandchildren will thank you in history.”

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Young wrote hits such as “Heart of Gold” and “Harvest Moon,” which he recently pulled from Spotify over his disapproval of Joe Rogan’s podcast. He went on to encourage employees at the streaming service to quit their jobs.

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The songwriter now streams his music on Amazon Music, Apple Music, Deezer, YouTube, and Pandora. His streams have increased since his public leave from Spotify, according to a report.