FINANCING DIRTY ENERGY: HOW CAN WE STOP IT?
Our guests are Rev. Amy Brooks Paradise of GreenFaith and Matt Krogh from stand.earth, which recently put out a report on how 8 big banks are contributing to the destruction of Amazonia, explaining how banks keep the fossil fuels flowing and how to stop it.
Fossil-fuel companies seem to have unlimited resources, but most projects are built using borrowed funds. When we deposit money with big banks and investment companies that provide those funds, we are complicit—as are our congregations, pensions, and local governments.
How can we ensure that we are investing in line with our values? One of the many ways environmentalists can stop the increase in fossil fuels is to prevent banks from investing in them. Banks have choices and we need them to do better. We will talk about the divestment movement, the shareholder-activism movement, and the move-your-money movement.
We like to open every show with good news. Have you heard? There is something to shout about! Governor Hochul finally signed the Save the Hudson bill! We’ll also talk about tropical trees finding their optimal space, NOAA’s prediction of a greater-than-average hurricane season, and the long-term health effects of wildfires.
Tune in to Eco-Logic at 10 a.m. on Wednesday, August 23rd.
We also have environmental music: Pete Seeger singing Banks of Marble.
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And …
Join us next Wednesday, August 30, at 10 a.m. We’ll discuss the September 17th Climate March.
From the Invest Your Values link above, one of the 8 issue-area “report cards” on many funds: https://fossilfreefunds.org/