The Wall Street-climate change connection – Global Warming – Salon.com

10 Dec

…a new study by Urgewald, a German environmental organization, establishes a strong link between large multinational banks and the coal industry, one of the biggest contributors to climate change.

The study (.pdf), “Bankrolling Climate Change,” identifies the top 20 “climate killer” banks by the amount of financial support they give the coal industry. Number one is JP Morgan Chase, followed by Citi and Bank of America. That’s despite lofty rhetoric from these companies about their work to address climate change.

via The Wall Street-climate change connection – Global Warming – Salon.com.

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