Thursday, 10 March 2022

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The notoriously secretive bank Credit Suisse has ploughed a staggering US$82 billion into
fossil fuels since the Paris climate agreement was signed just 6 years ago.

Given that the International Energy Authority has said that keeping climate change below 1.5C (the Paris target) means no new fossil fuels, this is irresponsible. A group of major institutional investors have submitted a shareholder resolution urging Credit Suisse to reduce exposure to fossil fuel assets.

https://shareaction.org/news/credit-suisse-investors-demand-greater-climate-action

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Plus, how Europe can cut natural gas imports from Russia significantly within a year:
https://www.iea.org/reports/a-10-point-plan-to-reduce-the-european-unions-reliance-on-russian-natural-gas

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