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Danielle Fugere, the president of the shareholder and the shareholder’s labeling Nonprofit, disclosure banks are a condition to hold climate goals. “We want to understand what it does.” Languages like California, Fossil-Fuel Management Climate Change and Theory, it covers financial instability working with the least unobstructed financing.
Of course, the disclosures of banks and climate-related risks are simply required to prevent the worst effects of global warming. According to a Landmark 2021 sheet A new oil and gas and coal infrastructure of the international energy agency cannot be established in the world, if the world’s global warming restricts 1.5 degrees Celsius (2.7 degrees Fahrenheit), new oil, gas and coal infrastructure cannot be built. Therefore, a great energy transitional analyst for the Ministry of Finance of the French Non-Commercial Nonisitizer Patrick McCully, which is a more sustainable banking sector, should be “pushed banks to reduce the financing of fossil fossils.”
“These companies act against the interests of mankind, and we must stop them,” he said.
Facancer Turner, a policy of this nature will be difficult to write laws and is likely to face legal problems in the most progressive states ban on natural gas Beaten by industrial groups.
Ann Lipton, who is a business right at Tulane University, said politicians look outside the banking sector to restrict new fossil fuel projects. For example, deputies may require a factor in the financial risks associated with the environment when compiling the policies of insurance companies – it can be more difficult for the coverage of fossils. “We loved banks to stop the banks financing risky activities, but at the end of the day, a bank’s work is to finance things pre-profitable,” he said. “This is the rest of the society [thing] not profitable. “
Another strategy, theoretical, theoretical, new fossil, new fossils will be a kind of back door to obstruct fuel investments. “Having a target is a kind of movement of the bank to ensure that this goal is to respond to the target,” Fugere said. In a plan “Net-Zero”, according to a certain date, “Net-Zero”, then this should attract a type of sized type of fossil fuel financing. If the global warming is aligned by a road to limit the temperature to 1.5 degrees, then the fossil should not allow the fuel expansion.
