Is your money being used to finance the oil industry?
<p>A timely <a href="https://drawdown.org/publications/saving-for-the-planet" rel="noopener ugc nofollow" target="_blank">study</a><strong> </strong>by <a href="https://drawdown.org/about" rel="noopener ugc nofollow" target="_blank">Project Drawdown</a> reveals that <a href="https://www.wired.com/story/your-money-is-funding-fossil-fuels-without-you-knowing-it/" rel="noopener ugc nofollow" target="_blank">many banks use their customers’ accounts to finance the fossil fuel industry</a>, generating a carbon footprint we could reduce by simply demanding our banks stop doing this; and if they won’t, then we can take our money elsewhere.</p>
<p>It’s not enough just to calculate the carbon footprint created by our personal consumption; we also need to estimate the contribution to the climate emergency our money makes when it is used to finance the investment or working capital needs of the oil industry. Demanding transparency from our banks in the management of our own money is common sense, especially if we also suspect that this money is being used to increase the impact of the climate emergency, which as we know is causing more and more extreme weather events, which in turn affect us and will affect our children.</p>
<p><a href="https://medium.com/enrique-dans/is-your-money-being-used-to-finance-the-oil-industry-d2e119523b7e"><strong>Read More</strong></a></p>