Banks Use Your Deposits To Loan Money To Fossil-Fuel, Emissions-Heavy Firms

Slashdot
By msmashDec 22, 2023, 1:00 pm229 pts
Banks lend your deposits to carbon-heavy industries, fueling climate change; savings of $1,000 create emissions equal to a New York-Seattle flight, reveals a new analysis. Wired: By switching to a climate-conscious bank, you could reduce those emissions by about 75 percent, the study found. In fact, if you…

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