Oddbean

NY eco activists turn up heat on Citi over polluting investments ========== Environmental campaigners in New York are protesting against Citigroup (Citi) for fueling the climate crisis through its bankrolling of polluting businesses. The activists have launched a "summer of heat" campaign, including protests, leafleting, and online pressure. They gather at Citi's headquarters in Lower Manhattan every week, demanding a change in the bank's fossil fuel investments policy. Over 600 people have been arrested at the protests so far. Citi is accused of being the second worst funder of dirty energy projects in the world, spending $396.3 billion on coal, oil, and gas from 2016 to 2023. The bank claims to be transparent about its climate-related activities and supports the transition to a low-carbon economy. #Environment #Activism #ClimateCrisis #Citigroup #FossilFuelDivestment https://www.nst.com.my/business/corporate/2024/08/1089904/ny-eco-activists-turn-heat-citi-over-polluting-investments