Challenging Banks,
the Fossil Fuel Funders
For years, RAN has been pushing big banks to cut financing to new and existing fossil fuel projects — especially the particularly destructive ones like tar sands, Arctic, offshore oil & gas, fracking, coal mining, coal power, and liquefied natural gas (LNG). If we are to have any chance of stopping the devastating impacts of climate change, banks must completely phase out their support for fossil fuels, starting with these devastating projects.
Global Energy Agency Says Addressing Climate Means No New Fossil Fuel Projects
In a surprising shift in rhetoric, Fatih Birol, executive director of the world’s most influential energy think tank, has recently stated that the world cannot expand fossil fuel supply and…