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Bank of America Reverses Its Pledge Not to Finance Fossil Fuels (www.nytimes.com)
submitted 9 months ago by silence7@slrpnk.net to c/climate@slrpnk.net
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This leaves us with a loose collection of small banks and credit unions who aren't financing fossil fuels

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[-] SpiceDealer@lemmy.world -1 points 9 months ago

I have mixed feelings about this one. On one hand, banks aren't our friends. On the other, having 'reluctant allies' on a path towards a certain goal might be beneficial.

[-] ProdigalFrog@slrpnk.net 5 points 9 months ago

It's possible to manipulate a capitalist into doing the right thing, as long as the right thing happens to be more profitable than the bad thing.

this post was submitted on 03 Feb 2024
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