The FT has noted this morning just how out of line US banks are on fossil fuel investment when compared with other banks and the fact that fossil fuels are now known to be threatening the future of life on earth (and I stress: that’s a fact, not an opinion).
The US is the only place that allows fracking – for oil as well as gas – on a large scale. It’s also one of the few places that has been reducing emissions in recent years.
Funny that, isn’t it? That the banks in a country finance the activity in that country?