Top investment banks provide billions to expand fossil fuel industry

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Exclusive: analysis reveals lenders provided $700bn to expand sector since Paris climate pact

The world’s largest investment banks have provided more than $700bn of financing for the fossil fuel companies most aggressively expanding in new coal, oil and gas projects since the Paris climate change agreement, figures show.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

A morally and systemically corrupt industry, permitted to keep operating in some global type of Stockholm syndrome

Well, JPMorganChase's boat was caught w/ 20 tons of cocaine so I'm not in the least bit surprised that $ is their 1 priority. They get away w/ it b/c they have $. Sycophants everywhere.

We facing climate catastrophe and they still expand that f--king fossil fuels? Why not expands carbon-free energy source? Smh.

Meanwhile, trending climate activist appears in a Nobel price's list for 'stopping' this madness. Wonder whether that person would have been nominated after speaking out loud the names of JPMorgan Chase, Citigroup, Bank of America, and Wells Fargo (among otherss). Guess not.

We are going the wrong way: SustainableEnergy is in the opposite direction.

Nude protest will sort that out

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