Monday, March 14, 2016

Why Do Banks Invest in Big Oil?

Posted: 14 Mar 2016 03:59 AM PDT
For profits, obviously. Divesting from fossil fuel would lose business and lower profits, so the thinking goes. But is this true? A study finds ethical banks are just as profitable as major banks. If a mainstream bank adopts sustainable banking principles can they realistically expect to maintain profits?read more
http://www.theenergycollective.com/derekwong/2323657/why-do-banks-invest-big-oil

No comments:

Post a Comment