Browsing the "banks" Tag

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By Pouring Billions Into Fossil Fuel Industry, EU’s Central Bank Accused of ‘Playing Both Firefighter and Arsonist’

After the European Union’s central bank approved what Reuters called “a bigger-than-expected” expansion of an economic stimulus package necessitated by the coronavirus pandemic, climate campaigners expressed concern that planet-destroying fossil fuel companies could get tens of billions of dollars in the Eurozone relief funding. By Jessica Corbett Common Dreams The European Central Bank (ECB) Governing […]

June 28th

Banks have put $1.9 TRILLION into fossil fuels since 2015. End the money pipeline!

In 2008, the big banks crashed the economy through reckless, predatory lending. Twelve years later, they’re working to do something even worse: crash the planet. With every dollar they invest in fossil fuel companies, big banks and asset managers make the climate crisis worse. And they’ve invested a lot of dollars. By Michael Brune Sierra Club Executive Director  […]

January 28th

Europeans propose $TRILLION fund for their own version of the Green New Deal. They don’t think it’s “unrealistic”

A group of experts has published a draft treaty for a sweeping European climate finance pact, to inject more than a trillion euros into the fight against global warming. Addressing a packed launch event in Paris last week, French economist Pierre Larrouturou and climate scientist Jean Jouzel urged European member states to mobilise funds in a similar way to the response to […]

February 25th

Divest! Banks and institutions dumping dirty fossil fuel money

Institutions are reacting to public outrage over fossil fuel investments. Through divestment from fossil fuels, profits that wreak havoc on our planet are being diverted to alternative energy and other investments that can provide a sustainable tomorrow for the world’s citizens. by Carolyn Fortuna  Divestment decisions last month at Harvard University heartened student activists and reinforced a […]

May 26th

Occupy Wall Street’s first official release

This was unanimously voted on by all members of Occupy Wall Street last night, around 8pm, Sept 29. It is our first official document for release. We have three more underway, that will likely be released in the upcoming days: 1) A declaration of demands. 2) Principles of Solidarity 3) Documentation on how to form your own Direct Democracy Occupation Group.

October 1st