is an account of the policy of a number of large Western banks. In recent years, these banks have embraced manmade climate change alarmism as a key foundation for their lending policies. In particular, they refuse to fund the development of electric power generation via fossil fuels – thereby starving impoverished nations and families of desperately needed electricity.
Thankfully for the sidelined nations, Chinese banks have begun helping to finance coal- and gas-fired power in Asia and Africa. In the process, they have gained tremendous political and strategic leverage, at the expense of the United States, Europe
via climate science
July 14, 2018 at 01:30AM