Banks reverse course and pour more money into fossil fuels

Banks reverse course and pour more money into fossil fuels

“Clean energy is poised to pull in double the financing as oil, gas and coal, but a new report shows that big banks, especially Canadian and U.S. entities, are still betting big on fossil fuels.”

[COMMENTARY] Banks are not driven by ethics. They are driven by profits — and political acceptability.
Banks reverse course and pour more money into fossil fuels, by , June 19, 2025, Corporate Knights, Canada.

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