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Your Money Is Funding Fossil Fuels Without You Knowing It (www.wired.com)
submitted 11 months ago* (last edited 11 months ago) by silence7@slrpnk.net to c/climate@slrpnk.net
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Archived copies of the article: archive.today ghostarchive.org web.archive.org

By switching to a climate-conscious bank, you could reduce those emissions by about 75 percent, the study found. In fact, if you moved $8,000 dollars—the median balance for US customers—the reduction in your indirect emissions would be twice that of the direct emissions you’d avoid if you switched to a vegetarian diet.

The big one in the US is Amalgamated Bank. Others are listed here

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[-] FarFarAway@startrek.website 3 points 11 months ago

Cool. I didn't even know that some of these banks were "green."

[-] activistPnk@slrpnk.net 1 points 10 months ago* (last edited 10 months ago)

Of course it’s important to keep in mind the most green is probably to not bank at all -- something I’m experimenting with myself. Then the only notable GHG would be from the armored cars.

From this page:

[T]he average U.S.-based adult with a bank account can reduce their estimated annual banking footprint by 76% by moving their money from the average carbon-intensive bank to the average climate-responsible bank.

Even national central banks are investing in fossil fuels.

this post was submitted on 21 Dec 2023
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