Wall Street banks profit from environmental destruction as well, - TopicsExpress



          

Wall Street banks profit from environmental destruction as well, including mountaintop removal, oil #drilling, and #fracking, instead of channeling investment into clean energy. Capitalism cannot solve the climate crisis for a simple reason: collective well-being and the planets survival dont register on corporations bottom line, nor are elites immediately threatened and displaced by climate catastrophes. The burden of climate chaos is shouldered by the worlds poorest people in frontline communities like Bangladesh and the Philippines, whom contributed to and benefited the least from fossil fuel consumption.
Posted on: Sat, 20 Sep 2014 14:40:10 +0000

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