‘This Is a Big Deal’: Goldman Sachs Rules Out Funding New Coal Projects, Arctic Oil Drilling | “The smart money on Wall Street is drawing red lines on oil and gas, and exiting coal.”

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Ah yes, Goldman Sachs. The original vampire squid. Definitely a moral beacon.


I wonder if there big concern is cities banning or retricting gas powered cars in city centers in coming decades


*”As long as sustainability is mainly used as a tool for marketing and business strategy, a means of accumulating capital and wealth subject to economic growth, the surplus gained from the increased efficiency will be invested into a further expansion of production and consumption and converted into profits for the global plutocracy, which ultimately worsens the global sustainability crisis.”* Stefano Ponte – Professor, International Political Economy Director – Center for Business and Development Studies – Copenhagen Business School


Goldman thinks oil, gas, and coal have passed their prime. FTFY


Any idiot who supports government subsidies to private companies with international investors are complete fuck wads. America is so fucked.