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Mongabay News on MSNBanks bet big on fossil fuels, boosting financing in 2024, report findsBy John Cannon Financing for the fossil fuel sector from the world’s largest banks surged in 2024 to $869 billion, according ...
The extraction and burning of fossil fuels is helping to accelerate the climate crisis — and investments in your portfolio ...
JPMorgan Chase, Bank of America, Citi and Wells Fargo — represented 21% of the global financing in the latest Banking on ...
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Planting trees can help save the planet, right? A new study finds that to offset all the planet-warming carbon emissions from ...
A rally was held outside New York State Comptroller Tom DiNapoli’s office on Thursday calling on him to stop investment state ...
Some big programs on the chopping block in Congress could keep American energy producers competitive globally.
The world’s largest 65 banks committed $869 billion in 2024 to companies in the fossil fuels sector, up from $707 billion in ...
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But banks abandoned net-zero and climate-friendly pledges in droves last year, in addition to backing fossil fuels. “This ...
A new study assesses the cost of carbon offsetting, a practice increasingly used by oil and gas companies, and calculates the ...
A new report indicates the world's largest banks increased fossil fuel financing in 2024, reversing a trend of decline since ...
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