Among world’s top 60 banks those in US are biggest fossil fuel financiers, while Barclays leads way in Europe

  • Cosmic Cleric@lemmy.world
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    1 month ago

    From the article…

    And financing to fossil fuel companies to fund transition technology projects could not be distinguished from financing for new oil wells, they said.

    I’m all for saving the planet, and investing in reusable technologies, and cutting back on old technologies.

    But this article has too big of a gaping hole to be considered accurate, or not.

    And also, corporations will never do this voluntarily. Governments have to force them to, as they will always prioritize profits over the health of the planet, figuring it’s someone else’s problem to fix. That’s where our focus should be at, government regulation of corporations.

    Anti Commercial-AI license (CC BY-NC-SA 4.0)