Banks Back Fossil Fuels With $7.1 Trillion

  • 📰 ForbesTech
  • ⏱ Reading Time:
  • 29 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 43%
  • Publisher: 59%

Banks Back Fossil Fuels Nachrichten

Banks,Bank Of America,David Tong

The intersection of innovation and global challenges such as climate change and sustainable development are driving change in the economy.

out a wildfire in the Moncayo Natural Park, near the village of Borja, in the northern region of Aragon on August 15, 2022. - Firefighters today were battling strong winds trying to fight a huge forest fire blazing out of control in southeastern Spain as another in the north was stabilised.

shot up to second place in the report in both fossil fuel financing and financing for the expansionThe report shows high bank financing for the most climate-damaging fossil fuel practices.

Moreover, 52% of investors that were influenced to choose their ISA based on sustainability credentials actually have their money in providers classed as ‘worst’ for their environmental impact – suggesting the impact of greenwashing is leading well-intentioned consumers to providers that continue to fund areas that are fuelling climate change and harming the planet.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 318. in CH

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Going Nuclear on Fossil Fuels Makes Little SensePeople can agree on the need to reduce greenhouse gases and to be more energy conscious. However, moving to eradicate fossil fuels, an important sector of the economy and vital for everyday life, and replacing it with nuclear energy makes little sense.
Herkunft: NEWSMAX - 🏆 16. / 71 Weiterlesen »

Fossil fuels are banned from federal buildings in a new ruleThe Energy Department finalized rules that will ban fossil fuels in new and remodeled federal buildings by 2030.
Herkunft: NPR - 🏆 96. / 63 Weiterlesen »