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by @danabra.mov
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by @jimpick.com
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Banks poured $906bn into fossil fuels last year. Either way it's a bad bet. If we don't decarbonise, the physical damage wrecks the economy they're betting on. If we do, those assets strand and they eat the transition risk. Heads you lose, tails you lose. Don't trust them with your money.
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JPMorgan Chase leads 65 banks making decisions incompatible with restraining rising temperatures, researchers say
www.theguardian.com
World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds
Dr. Aaron Thierry