Global Warming Report: US, UK, EU Banks Dominated by Conflict of Oil Interests
The St Kitts Nevis Observer Photo: US Coastguard. When dreams of oil weath go up in smoke. This photo is of the Deepwater Horizon disaster in the Gulf of Mexico, but hopefully lessons have been learned and Guyana will prosper with its offshore oil. US banks are pledging to help fight the climate crisis alongside the Biden administration, but their boards are dominated by people with climate-related conflicts of interest, and they continue to invest deeply in fossil fuel projects. Three out of every four board members at seven major US banks (77%) have current or past ties to climate-conflic...