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World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds (www.theguardian.com)
submitted 5 months ago by to c/climate@slrpnk.net
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JPMorgan Chase leads 65 banks making decisions incompatible with restraining rising temperatures, researchers say

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[–] 4 points 5 months ago (1 child)

The US dominates as a financial center providing bank financing for fossil fuels

sigh Of fucking course we are.

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  • [–] 1 point 5 months ago* (last edited 5 months ago)

    Yeah, but the US isn't the only problem. While European banks and some Canadian banks reduced their fossil financing, some US, Japanese, and Chinese banks were responsible for the largest year-on-year increases.

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