Financed emissions: A big problem for banks, and a bigger problem for the climate

30 October 2012

What is the total greenhouse gas footprint of Citigroup, Bank of America, or UBS? Right now, we don’t know, and that’s a major problem for both banks and the climate.

Banks emit greenhouse gases to power their offices and branches, but they also finance the emissions of other companies through their loans, investments, and other financial services...

Source: Financed emissions: A big problem for banks, and a bigger problem for the climate
Author: Written by Ben Collins

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Link: Have Carbon Emissions Passed an Important Threshold?
Link: How The Big Banks Helped Cause Hurricane Sandy
Link: Hurricane Sandy: After Landfall