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? I look into the study’s methodology and see what a major bank can take away from the findings.
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Carbon49 – Sustainability for Canadian businesses: Why Do Banks Invest in Big Oil?
For profit, 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? I look into
Continue readingAlberta Politics: The effort to engineer regime change in Greece could lead to a much bigger disaster
PHOTOS: Leaders of the Greek military government of 1967 to 1974. Is something similar waiting in the wings if the eurozone leadership’s effort to terrorize the Greeks into voting Yes to never-ending austerity fails today? Below: Greek Prime Minister Alex Tsipras, former Canadian prime minister Jean Chretien and Nobel-Prize-winning American
Continue readingPolitical Eh-conomy: The Greek canary in the European coalmine: An interview with Yanis Varoufakis
Over at Ricochet, I’ve transcribed my podcast interview with Yanis Varoufakis, economist and Syriza candidate in tomorrow’s Greek elections. With Syriza looking to get the most votes and possibly an outright parliamentary majority, I asked Yanis about the Greek economy, Syriza’s economic plans, his views on what these mean for Europe and how we
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