Carbon49 – Sustainability for Canadian businesses: Why Do Banks Invest in Big Oil?

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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Eclectic Lip: Green byelection blues

Alas, the Green Party didn’t pick any seats up in the Nov 26 Canadian federal by-elections.  While their strong showings probably count as a real moral victory, I imagine at this stage they’d prefer amoral, real victories.  😉  As it turns out, Parliament’s composition is unchanged, “while my green heart gently weeps”.  Despite donating to […]

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