April 14, 2022
Bi-weekly Media Round-Up: April 14, 2022
April 4 IPCC report:
- MarketWatch: ‘They are lying. And the results will be catastrophic’: U.N. climate panel warns emissions pledges are not action
- Atmos: Yes, Colonialism Caused Climate Change, IPCC Reports
- Bloomberg: Money Pouring Into Fossil Fuels Risks Climate Disaster, UN Report Warns
Banking on Climate Chaos (BoCC) & Global Climate Exit List (GCEL):
- Financial Times: Global banks keep up pace with $742bn in fossil fuel finance despite climate pledges
- The Tyee: Canadian Banks Keep Financing Fossil Fuels
- CNN: Banks say they’re getting tough on coal, but they keep lending trillions to polluters
- Bloomberg: Bankers Still Stand Behind Dirtiest Fossil Fuel: Green Insight
Shareholder season (AGM):
- American Banker: Largest US banks to face shareholder votes on climate change
- Financial Times: New York State pension fund urges bank shareholders to back climate resolutions
- National Observer: ‘They pretend we don’t exist’: Wet’suwet’en hereditary chiefs insulted after RBC cancels in-person meeting last-minute
- The Record: Scotiabank’s climate plan and fossil fuel financing key focus at AGM
- Bloomberg: Canadian Banks’ Net-Zero Lending Ambitions Hit Snags in Oil-Rich Country
Russia/Ukraine war:
- The Washington Post: Big oil companies are using wartime profits to enrich investors, report says
- Quartz: The Ukraine crisis could impede banks from dropping fossil fuels
- WSJ: Russia’s Oil Industry, Linchpin of Economy, Feels Sting of Ukraine War Disruptions
- Bloomberg: Ukraine Seeks Russia Assets, Oil Fleet Seizure as Reparations
Fossil fuel divestment:
- Real Change News: Inslee board appointees’ investments at odds with governor’s climate pledges
National Catholic Reporter: Marquette University bars direct fossil fuel investments with its $929 million endowment - Pensions & Investments: Chinese regulators call on institutional investors to play bigger role
Climate impacts:
- AP: UN warns Earth ‘firmly on track toward an unlivable world’
- ABC News: Pouring it on: Climate change made 2020 hurricanes rainier
- GQ: The Razor’s Edge of A Warming World
Fossil fuel project fights:
- AP: East African oil pipeline hits the headwinds
- APTN News: Mounties spent $950K on winter operations for Coastal GasLink
Direct action:
Op-eds:
- The Nation: Climate Research Shouldn’t Be Funded by Fossil Fuel Companies
- Juneau Empire: Opinion: Bank needs to put money where mouth is on climate change
US Congress & Finance Agencies:
- Green Central Banking: Climate risks worse for financially vulnerable people, warns US bank regulator
- The New Republic: Republicans Say “Woke” Wall Street Is Boycotting Fossil Fuels. The Numbers Prove Otherwise.
- The New Republic: Democrats Worried About Gas Prices Are Begging Oil Companies to Drill More