This leaves us with a loose collection of small banks and credit unions who aren’t financing fossil fuels
Really showcasing BOFA’s ties to China 🇨🇳
Way to go Brian Moynihan, your grandchildren will certainly thank you later for this
Article: The changes come as Republican lawmakers step up efforts to punish businesses that consider climate change and the environment in their operations.
TL;DR: RepubliQans fucking everything up to destroy the planet, yet again
Comments: Dang Bank of America! oooo that bank! banks, right?! Let’s all make sure not to vote for the current Democrat
It’s a commercial enterprise, not a government one
Even still, surely the laws preventing them from refusing to invest in coal and other fossil fuels are uncosntitutional?
But governments passed the bills against sensible business practices, by preventing lending money to fossil fuel companies, which are obviously in significant danger due to additional government regulation in other areas. Bloody Communists! Sorry Republicans.
The biggest problem is that this is global, so we are going to see large international banks also dropping similar language, due to the US market being massive and it being hard not to get sued over this.
“Listen, we thought you dirty hippies might actually be winning and figured we’d be early betting on that horse. But then money was still in the planet killing juice, so we’d rather make all the money.”
We’ve had one Earth, yes— but what about second Earth?