Big banks will bring accountability in terms of ensuring the market functions to make them money. Whether or not it functions to help the environment in any way at all would be entirely incidental.
Notice all the financial institutions self-congratulatory boasting a few years ago about divesting from thermal coal. Little odd how that wasn't timed with any new revelation about climate change or coal in the past 50 years, but rather exactly with sagging coal price and estimates of peak coal and continued demand collapse and replacement by cheaper sources. They've gone a little quiet about that since coal prices skyrocketing 5x to historic highs in the past year.
God help us if the big banks are the only ones who can save us.
Notice all the financial institutions self-congratulatory boasting a few years ago about divesting from thermal coal. Little odd how that wasn't timed with any new revelation about climate change or coal in the past 50 years, but rather exactly with sagging coal price and estimates of peak coal and continued demand collapse and replacement by cheaper sources. They've gone a little quiet about that since coal prices skyrocketing 5x to historic highs in the past year.
God help us if the big banks are the only ones who can save us.