Banks are planning for a future where climate action fails and global temperatures rise as high as 3°C—but they’re still financing the fossil fuel projects driving that catastrophe, often through shared lending arrangements that make it harder to cut off funding for new oil and gas development.
I don’t know if they don’t do fossil fuel investments, but at least in ON they’re regulated as nonprofits, so they gotta do less damage than the Big Five.
I ditched the banks for Meridian in 2019 and the experience has been great. They had lower mortgage rates than TD’s employee rate.
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I don’t know if they don’t do fossil fuel investments, but at least in ON they’re regulated as nonprofits, so they gotta do less damage than the Big Five.
I ditched the banks for Meridian in 2019 and the experience has been great. They had lower mortgage rates than TD’s employee rate.
If we displaced coal do the coal plants just reopen, or does some other country ship the oil via cargo ship, or what would you expect to happen?