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Memo to JPMorgan Chase Shareholders: Stop Banking on Climate Chaos

Union of Concerned Scientists

trillion in the seven years since the adoption of the Paris climate agreement. Total bank financing for fossil fuels in 2022 was lower than it was in 2016, but Banking on Climate Chaos attributes that decrease partly to record oil and gas industry profits of $4 trillion last year. degrees Celsius (2.7

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Banking Against Science: Financial Institutions Continue to Fund Climate Destruction

Union of Concerned Scientists

The IPCC said that the deep emissions reductions required by 2030 and 2040 “particularly” include methane, the top emission of natural gas production and combustion, which traps 80 times as much heat as carbon dioxide over short timescales. degree centigrade rise in global average temperatures.