Banks Drop the Climate Pretense and Follow the Money: A Shift Back to Fossil Fuels

The global energy landscape is undergoing a seismic shift, and major banks are making their moves clear. After years of touting environmental, social, and governance (ESG) commitments, U.S. banking giants like JPMorgan Chase, Bank of America, and Citigroup are doubling down on fossil fuel investments, prioritizing profits over climate pledges. According to the 2024 Banking […]

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Biden\’s Net Zero Plans Worsen Prices

Daily Standup Top Stories BP Shares Plummet on $2 Billion Impairment Warning July 9, 2024 Mariel Alumit Shares in BP fell by as much as four percent this morning after it warned it was expected to post an impairment of up to $2bn (1.6bn) and was operating under “significantly” lower refining margins. […] The Left’s $7 Trillion […]

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Daily Energy Standup Episode #327 – Solar Suppliers, Financial Shifts, AI Demands, and Regulatory Challenges

Daily Standup Top Stories Solar-panel supplier’s links to alleged abuses in China imperil US climate goal March 11, 2024 Mariel Alumit The dominance of China’s LONGi Green Energy Technology Co. Ltd. in supplying solar panels to the U.S. highlights the challenge authorities face in trying to eliminate alleged labor abuses from the country’s supply chains without smothering an […] […]

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