Despite Net-Zero Vows, Wall Street 'Climate Arsonists' Still Pumping Billions Into Fossil Fuels

Brasil Notícia Notícia

Despite Net-Zero Vows, Wall Street 'Climate Arsonists' Still Pumping Billions Into Fossil Fuels
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 commondreams
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

'It is business as usual for most banks and investors who continue to support fossil fuel developers without any restrictions, despite their high-profile commitments to carbon neutrality.'

"The science is very clear: we need to stop developing new coal, oil, and gas projects as soon as possible if we want to meet our climate goals and avoid a worst-case scenario," said Lucie Pinson, the executive director and founder of the watchdog group Reclaim Finance. "Yet, it is business as usual for most banks and investors who continue to support fossil fuel developers without any restrictions, despite their high-profile commitments to carbon neutrality.

;“�&#xdea8 NEW REPORT: since joining the Glasgow Financial Alliance for Net Zero #GFANZ, financial institutions have provided HUNDREDS OF BILLIONS of $ to fossil fuel expansion ;�&#xdca3\n \nIt's the finding of a report published today by 13 NGOs including Reclaim Finance.\n\n#GFANZFuelsFire #wef23;&#x201dThe groups found that the U.S.

Overall, according to the new report, "229 of the world's largest fossil fuel developers received finance from the 161 GFANZ members covered... which will support them to develop new coal power plants, mines, ports, and other infrastructure, as well as new oil and gas fields and pipelines and LNG terminals."

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

commondreams /  🏆 530. in US

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

A Scotch Distiller Is Fueling Its Trucks With Whisky WasteA Scotch Distiller Is Fueling Its Trucks With Whisky WasteScotland's whisky industry has collectively announced plans to reach net-zero emissions previously.
Consulte Mais informação »

House GOP vows to investigate Biden classified documents, provide oversight of Justice Dept. probeHouse GOP vows to investigate Biden classified documents, provide oversight of Justice Dept. probeA third set of classified material was discovered to be in Mr. Biden’s private possession Saturday by his attorneys, prompting outcries from GOP lawmakers.
Consulte Mais informação »

Miss USA R'Bonney Gabriel wins Miss Universe, vows to be 'a transformational leader'Miss USA R'Bonney Gabriel wins Miss Universe, vows to be 'a transformational leader'R'Bonney Gabriel uses recycled materials in her fashion design and teaches sewing to survivors of human trafficking and domestic violence.
Consulte Mais informação »

Lockheed-Funded House Appropriations Chair Vows to Protect Defense SpendingLockheed-Funded House Appropriations Chair Vows to Protect Defense SpendingRepublican Rep. Kay Granger is the number one recipient of defense sector donations in the House. (Via Sludge)
Consulte Mais informação »

President of Colombia vows to block mining projects that threaten water sourcesPresident of Colombia vows to block mining projects that threaten water sourcesThe government indicated it would not allow AngloGold Ashanti’s copper-gold project to advance.
Consulte Mais informação »



Render Time: 2025-02-26 02:15:30