Banks still pumping hundreds of billions of dollars into 'carbon bomb' projects around the planet
A new report in The Guardian reveals that in 2022 alone, banks financed $150 billion in new fossil fuel projects. Last year, the newspaper and its partners identified “carbon bombs” in an academic database, finding that these are the single biggest sources of fossil fuels. Two French non-profits, Good and Éclaircies, as well as European media have now used this data to map out the companies that operate the carbon bombs and the banks that finance them:
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