Banks Signed a 'Net Zero' Pledge, Then Shoveled Cash at Fossil Fuels
The world’s most powerful banks have funded fossil fuel projects to the tune of $4.6 trillion in the six years since the Paris Agreement, a new report from a group of NGOs finds. A quarter of that funding comes from just four U.S. banks—JPMorgan Chase, Citi, Wells Fargo, and Bank of America—all of which have signed…