CelloMomOnCars,
@CelloMomOnCars@mastodon.social avatar

"Financing for industrial #livestock is undermining U.S. banks’ #climate commitments and Bank of America, Citigroup, and JPMorgan Chase are responsible for over half of the $134 billion in financing, according to the latest research.

Lending to corporations involved in #meat, dairy, and/or feed production comprises only a tiny proportion of banks’ portfolios – at 0.25% - but represents a significant proportion of their financed #emissions, at around 11%."

https://www.forbes.com/sites/feliciajackson/2024/04/04/big-meat-and-dairy--are-banks-financing-the-next-emissions-timebomb/?sh=2cf51465c2bd

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