Financing Climate Change

NationofChange
View In: Financing Climate Change“Global banks' top fossil fuel clients amount to a rogues' gallery of bad actors.”

Common Dreams - Breaking News & Views for the Progressive Community
View In: Financing Climate Change

US Mega-Banks Behind 1/3 of Climate-Destroying Oil and Gas Expansion: Report

Via: @Snoro@mastodon.social

Common Dreams - Breaking News & Views for the Progressive Community
View In: Financing Climate Change“Until Wall Street firms are held to account,” says a new letter, “no amount of investment in renewables can credibly undo the damage that their fossil fuel financing does to the climate.“

Truth Out
View In: Financing Climate ChangeThe U.S. spent an average of $2.6 billion on fossil fuel investments, and just $358 million on renewables from 2019-21.

Common Dreams - Breaking News & Views for the Progressive Community
View In: Financing Climate Change“It is well past time that public finance dollars are spent to remedy fossil fuel colonialism by funding real solutions,” asserted one of the lead authors of a new report.

Inside Climate News
View In: Financing Climate Change

19. With Fossil Fuel Companies Facing Pressure to Reduce Carbon Emissions, Private Equity Is Buying Up Their Aging Oil, Gas and Coal Assets

2022-10-24

The concern is that these privately held companies, facing less external pressure, might continue to run coal plants and oil wells for longer than the publicly traded concerns would have

Via: @Snoro@mastodon.social