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by Julia Pyper A growing number of financial institutions are moving their investments from fossil fuels into less polluting projects and resources. So what do oil and gas companies make of this shift? Some of them are waking up to the clean energy transition in response to investor pressure. But there are leaders and laggards […]
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Banks don’t just hold on to your dollars and cents, they also play a role in addressing the climate crisis. In the latest episode of Political Climate’s DITCHED series, the show takes a closer look at the banking sector and what institutions like JP Morgan Chase, Bank of America, Wells Fargo and others can do […]
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If you’re an Our Daily Planet reader then you know that the podcast Political Climate is our top pick for understanding the current politics driving climate action (or roadblocking it). But outside of happenings in Congress and across the federal government, the world of green finance is an important component of our collective action to […]
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“Our hope is in 2021 there will be a vaccine for the pandemic. We know there’s never going to be a vaccine for climate change. We know that it’s just going to accelerate. The fires will grow, the floods will grow, the tornadoes, the droughts, the transition risks. So then the human cost, the economic […]
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“Not only has the movement created this incredible momentum for divestment, but it has spread to other strategies targeting the fossil fuel industry, including calling on banks to stop financing new fossil fuels, insurers to stop underwriting fossil fuels, litigation targeting the industry for damages, calls for governments to stop subsidizing the industry, and […]
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“It’s not hard to see that the writing is on the wall, that investors across the board are not making any distinction. It’s not just about coal anymore — they see all fossil fuels as problematic. And I don’t think that it will take very long before we see oil and gas receiving the […]
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