30 Apr '18, 6am

Bank your money on something other than dirty energy

There are sooo many reasons to pick a bank: No ATM charges! A branch EXACTLY halfway between your office and your favorite bar! They offered you a crate of live puppies for opening an account! But where you put your hard-earned paycheck deserves a touch more consideration. Most major banks invest heavily in fossil fuel extraction and infrastructure — which means that if you put your cash in them, you’re enabling climate change and probably wreaking havoc on someone’s land or water. Big bank investments in dirty energy (2013-2015): $42 billion: Coal mining $154 billion: Coal-fired power producers (only the 20 largest!) $283 billion: Liquified natural gas export infrastructure $307 billion: High-risk oil drilling Source: Rainforest Action Network Here’s how to put your income in time-out — and by time-out, we mean another financial institution that will take better care of i...

Full article: https://grist.org/guides/umbra-apathy-detox/bank-your-mon...

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