Thursday, March 29, 2018

Which European banks do the most to stop climate change? | Euronews

Which European banks do the most to stop climate change? | Euronews:



'via Blog this'



You have to love this article, the picture of the steam coming off the cooling towers and the dark tones used to scare the ignorant.  The article is part of the new anti-energy push of the Climate Change ideologies, getting the banking community to stop lending money for energy projects.  Nice idea, with the correct political involvement the banks may be forced into the position of starving the energy sector for credit.  I think the idea comes out of neo-modernistic political/economic thinking, that is that banking practices should be crafted on an ideological basis and not a economic basis.  The shareholders will not be happy.



Climate change is so yesterday.  It is a constant and it is unsolvable by humans.



Watch for more pushing on this banking tactic in the next few weeks.



J




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