Young Indigenous organizers are taking the fight against oil pipelines to Biden
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Indigenous Youth Rally Calls on Biden to Cancel Line 3 and Dakota Access Pipelines desmogblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from desmogblog.com Daily Mail and Mail on Sunday newspapers.
Antonio Gutteres
The 12th edition of the most comprehensive report on fossil fuel bank financing documents present an alarming disconnect between the global scientific consensus on climate change and the continued practices of the world’s largest banks.
This year’s report, titled ‘Banking on Climate Chaos 2021,’ expands its focus from 35 to 60 of the world’s largest banks and reveals that in the five years since the Paris agreement was adopted, these banks have pumped over $3.8 trillion into the fossil fuel industry.
The report was authored by Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, and Sierra Club, and is endorsed by over 300 organisations from 50 countries around the world. Banking on Climate Chaos names the largest funders of fossil fuels around the world, with JPMorgan Chase the worst overall, RBC the worst in Canada, Barclays the worst in the UK, BNP Paribas worst in the EU, MUFG worst in Jap
Indigenous youth take to DC streets with demands to #ShutDownDAPL and #StopLine3 nationofchange.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationofchange.org Daily Mail and Mail on Sunday newspapers.
There are differences when it comes to financing fossil-fuel projects, technology investments, deposit guarantees, and overall risk-taking by Charlie Smith on March 31st, 2021 at 4:52 PM 1 of 4 2 of 4
Back in the mid-1990s, there was a very public battle between the Canadian Bankers Association and one of B.C.’s biggest credit unions.
It erupted after Richmond Savings (which later become part of Coast Capital) launched an advertising campaign lampooning a fictitious “Humungous Bank”. It was led by greedy, uncaring executives eager to fatten profits at the expense of customers.
The CBA was particularly vexed over the credit union’s tag line, “We’re not a bank. We’re better.”