Megabanks have committed $6.9 trillion to fossil fuels since 2016 – with almost half to new oil, gas, and coal
What if you found out the money in your bank account was being used to fuel fires and floods, leading to contaminated water from fracking or coal mining, or air pollution where you live?
Bank Regulators Step Up
On October 24, 2023, a trio of federal agencies issued two actions aimed at pushing the nation’s banks – especially the largest banks – to invest in underserved communities and factor climate risk into their decisions.
Big banks Are Driving Climate Chaos – But Your banking can support people and planet
The world’s 60 largest banks have plowed $5.5 trillion into fossil-fuel financing, including expansion projects, tar sands oil, Arctic and Amazon oil and gas, offshore drilling, fracking, liquified natural gas, and coal mining.
The Promising Model of Public Banking
For decades, Green America has promoted better banking options. This blog introduces another promising banking model known as public banking.
Better Soap….and Better Banking!
“As a consumer, I’m constantly thinking about how my decisions about what to buy impact the environment. I’m also constantly looking for ways I can reduce, reuse, and recycle more.“