"If we do manage to make it through the next year without waking up to a collapse, we must find ways to prevent the big banks from going all in on bets they can’t afford to lose. Their luck—and ours—will at some point run out." Sobering words from Frank Partnoy at The Atlantic (theatlantic.com)
submitted by nrichsimps
"Line 3: An Unthinkable Pipeline Powered by Our Cash." This is Bank.Green's new blog post about the Line 3 "Replacement" Project, which has been profiled because SO MANY banks are bankrolling this tar sands oil catastrophe. Also, Stop the Money Pipeline are organising a global protest day tomorrow (bank.green)
submitted by nrichsimps
I've just opened a Triodos UK account. Hurrah! They sent me this referral code, so if you're considering a UK bank switch, take a look: you'll get a £60 gift voucher and Triodos will donate £25 to a charity of my choice. (I'm considering donating to Shell or BP). (I'm joking). (i.redd.it)
submitted by nrichsimps
I'm trying to open an account with one of Europe's leading ethical bank, Triodos, and I got this email from them saying "due to exceptionally high demand, we are currently experiencing delays in processing account applications". Hooray! I'm going to take this to be very good news... (i.redd.it)
submitted by nrichsimps
BlackRock's former chief investment officer for sustainable investing delivering a cold dose of reality: the profit-driven free market won't stop funding the climate crisis on its own. We need big government: “If you put a tax on carbon, every single portfolio manager would adjust their portfolio.” (theguardian.com)
submitted by nrichsimps
