Banks use your deposits to loan money to fossil-fuel, emissions-heavy firms

Is this really news?<p>Banks have been investing money held for decades, at least in the US.<p>A nothing-burger for a slow news week? Perhaps an opportunity for &quot;ethically sourced&quot; interest payments?

Investments are made wherever there are the highest returns. If you want banks to change investment strategies, then develop the industries where you want them to reroute. It&#x27;s the business of money. Whatever does best will always demand the most capital.

An opportunity for Bank Rank to classify by climate impact?<p><a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=38875510">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=38875510</a><p><a href="https:&#x2F;&#x2F;github.com&#x2F;project-bankrank&#x2F;bankrank">https:&#x2F;&#x2F;github.com&#x2F;project-bankrank&#x2F;bankrank</a>

here in the USA, I believe that this mass-appeal effort to switch banks can be very effective