Tuesday, February 7, 2023

Tag: banks

US mega-banks behind 1/3 of climate-destroying oil and gas expansion: Report

"Global banks' top fossil fuel clients amount to a rogues' gallery of bad actors."

Wells Fargo announces commitment to join Net-Zero Banking Alliance and reach...

"Achieving net-zero emissions by 2050 means stopping financing for the expansion of fossil fuels now."

UK banks defend climate record despite billions lent to fossil fuel...

DeSmog research has found that over 86 percent (13 out of 15) of HSBC’s board of directors have current or past ties to polluting companies and industries.

Bankers eager to continue funding oil and gas

Comments from a recent energy industry conference reveal major financiers of fossil fuels view environmental and social investing concerns as a trend to “inoculate” against.

Banking that serves people, not bankers

The Post Office could offer simple, honest banking, including checking and savings accounts, consumer loans, and low-fee debit cards.

After pouring over $1 trillion into fossil fuel finance, CEOs of...

Despite talk of an energy transition and a wave of fossil fuel bankruptcies, big bank CEOs described plans to continue business with beleaguered fossil fuel industries.

New report: World’s 60 largest banks have poured $3.8 trillion into...

Even amidst the global economic downturn, fossil fuel financing numbers were higher in 2020 than 2016.

Trump administration targets banks divesting from fossil fuels in new anti-climate...

The OCC’s new rule could stunt divestment campaigns by requiring major banks to justify each individual decision to regulators using “quantitative, impartial risk-based standards established by the bank in advance.”

TD Bank joins other major financial institutes to commit to ambition...

The Group's commitment to a global climate action plan makes them the latest major financial institution along with Morgan Stanley and Barclays.

California bill to establish nation’s second public bank applauded as ‘historic...

"We can structure a bank that actually is accountable to the people and does what the people want it to do."

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Behold, the new GOP culture wars

The Republican Party’s latest wave of attacks against anyone who threatens the white supremacist patriarchy is couched in false concern for health and well-being.

White House says GOP bill would force ‘one of the biggest Medicare benefit cuts’...

"House Republicans are trying to slash lifelines for middle-class families on behalf of rich special interests," said a White House spokesperson.

Outrage as Biden Administration recommends major Alaska oil project

"The project is “drastically out of step with the Biden administration’s goals to slash climate pollution and transition to clean energy,” but that “it’s not too late for him to step up and pull the plug on this carbon bomb."

‘More training’ is not the answer to police terror

The death of Tyre Nichols doesn’t have to be in vain – there are numerous opportunities for action at the local and national level to rein in out of control police terror.

How corporations hope to eviscerate workers’ right to strike

Corporations so fear this kind of worker power that they’re asking the U.S. Supreme Court to rig the scales and help them kill future strikes before they even begin.