The coming month will be critical for the controversial Enbridge Line 3 tar sands oil pipeline, currently under construction in Northern Minnesota, AP reports. “Due to the urgency of the climate crisis and the fact that Indigenous leaders have not consented to the Line 3 project,” organizers from 300 groups … [continued]
A new report published this week shows that 33 global banks provided $1.9 trillion to fossil fuel companies since the adoption of the Paris Climate Agreement at the end of 2015 and that the amount of fossil fuel financing has increased in each of the past two years.
Major financial institutions continue to support fossil fuel extractions while signing onto environmental protections.
A new report released this week and endorsed by over 50 organizations around the world reveals that 36 of the world’s biggest banks funneled $115 billion into fossil fuels in 2017, an 11% increase over 2016 levels despite it being the costliest year on record for weather disasters.
