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founded 1 year ago

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The War on Cash is not just war on privacy, but war on the environment as well (www.wired.com)

submitted 6 months ago by [email protected] to c/[email protected]

0 comments fedilink

Keeping $1k in a bank for 1 year is equal to the CO₂ emissions of flying New York to Seattle. Because banks invest in fossil fuels.

The War on Cash is not just war on privacy, but war on the environment as well (www.wired.com)

submitted 9 months ago by [email protected] to c/[email protected]

1 comments fedilink

cross-posted from: https://sopuli.xyz/post/7212221

Keeping $1k in a bank for 1 year is equal to the CO₂ emissions of flying New York to Seattle. Because banks invest in fossil fuels.

Your Money Is Funding Fossil Fuels Without You Knowing It (www.wired.com)

submitted 9 months ago* (last edited 9 months ago) by [email protected] to c/[email protected]

20 comments fedilink

Archived copies of the article: archive.today ghostarchive.org web.archive.org

By switching to a climate-conscious bank, you could reduce those emissions by about 75 percent, the study found. In fact, if you moved $8,000 dollars—the median balance for US customers—the reduction in your indirect emissions would be twice that of the direct emissions you’d avoid if you switched to a vegetarian diet.

The big one in the US is Amalgamated Bank. Others are listed here