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 Eugene Ellmen, June 19, 2025, Corporate Knights, Canada.