The chief executive of Goldman Sachs has refused to yield to pressure from climate activists calling for the bank to stop financing oil and gas companies. “Traditional energy companies are hugely important to the global economy, they are hugely important to Goldman Sachs,” David Solomon said at the American Energy Security Summit in Oklahoma this week, as quoted by Bloomberg. “We are all going to continue to finance traditional companies for a long time.” Pressure on banks from climate activists has been growing and many…
