These 'net zero' banks are still pretty big on oil.
Bloomberg (2/28/23) reports: "Banks that sign up for the Net-Zero Banking Alliance commit to align their lending and investment portfolios with the goal of achieving net-zero emissions by 2050... But the reality is that the biggest financiers of the world’s energy supply — many of which happen to be members of the NZBA — are a long way from meeting their commitments. Analysts at BloombergNEF reported Tuesday that the majority of banks in the NZBA have provided less financing for low-carbon energy companies and projects than they have for planet-warming fossil fuels."
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"The goal of the extreme environmentalist movement is the destruction of the capitalist system. Some people may find that appealing. I don't, and I intend to fight against it."
– Marian Tupy, Cato Institute
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