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.
The cultivation of palm oil, found in roughly half of U.S. grocery products, has devastated tropical ecosystems, released vast amounts of C02 into the atmosphere, and impoverished rural communities. But efforts are underway that could curb the abuses of this powerful industry.
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Projects funded by UK financial institutions are responsible for 1.8 times the carbon emissions of Britain's annual net total, a new report has suggested.