This is getting to be a habit with banks as we A) go into the era of Trump (even though these are Canuck banks), and B) they are realizing it’s time to stop losing money over this and kowtowing to the climate cult
Top Canadian banks quit global climate coalition ahead of Trump inauguration
Four of Canada’s biggest lenders said on Friday they were withdrawing from a global banking sector climate coalition, joining six major U.S. banks.
The departures from the Net-Zero Banking Alliance began with Goldman Sachs’ announcement on Dec. 6 and come ahead of Donald Trump’s return to the White House next week. Trump has been critical of efforts by governments to prescribe climate-change policies.
The four Canadian banks are TD Bank, Bank of Montreal, National Bank of Canada and Canadian Imperial Bank of Commerce (CIBC).
The other big U.S. banks that have withdrawn are Wells Fargo, Citi, Bank of America, Morgan Stanley and JPMorgan.
The Net-Zero Banking Alliance, a UN-sponsored initiative set up by former Bank of Canada Governor Mark Carney, was launched in 2021 to encourage financial institutions to limit the effects of climate change and push toward achieving net-zero emissions.
The Canadian banks said in separate statements that they were equipped to work outside the alliance and develop their climate strategies.
Yeah, yeah, yeah, they’re mostly just saying that, while looking to not bother with the scam. Sure, they’ll fund some stuff, but, they definitely want some of that sweet, sweet, fossil fuels money from investment. They won’t be listening to St. Greta, The Goracle, or any others. Oh, and they can’t be sued for “greenwashing” like NY tried to do against Pepsi, Exxon, JBS, and other companies.
— Tom Nelson (@TomANelson) January 18, 2025
Aren’t they the company that already failed once, especially since their products are ugly, feel cheap, and look cheap?
Worse than being the last to jump onto a bandwaggon is being the last to jump off.
The internet claims to have spotted Ellen DeGeneres back in the USA. It seems her promise to leave forever was really just more of a visit, not a commitment. Hollywood people are all about the posing and virtue signaling, but not about making themselves in any way inconvenienced.