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Banking on Climate Change

23/11/2016

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​   A campaign in the U.K. wants investments in fossil fuels to be brought to an end. Move instead to investment in renewable energy?  Banks are targeted - because billions are spent by banks in companies which produce gas, coal and oil.
Diagram of fossil fuel life cycle
​In addition to the pressure on high street banks, the Governor of the Bank of England is warning that companies which rely on fossil fuels could end up with "stranded assets" - not a happy outcome for investors.

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    This blog was started by the Monday Group - which was set up in April 2016. Each item contains a link back to its source, where more information can be found. Comments are welcome

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