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Business-as-usual no Longer an Option for Banks

Chris Hall

Analysis in the banks’ opposition statements would have investors believe these resolutions call for an immediate cessation of business relations with energy sector clients, and for a stymying of activities that would help high-emitting companies decarbonize. Proponents of the resolutions acknowledge the near-term need for fossil fuels.

Banking 98
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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

The Fine Print on Carbon Credits The definitions in the federal document take a fairly expansive view of “inefficient” subsidies that “encourage wasteful consumption, reduce our energy security, impede investment in clean energy sources, and undermine efforts to deal with the threat of climate change,” as the G20 defined the term in 2009.