{"id":118044,"date":"2023-10-31T09:10:27","date_gmt":"2023-10-31T07:10:27","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/banks-pumped-more-than-150bn-in-to-companies-running-carbon-bomb-projects-in-2022\/"},"modified":"2023-10-31T09:10:27","modified_gmt":"2023-10-31T07:10:27","slug":"banks-pumped-more-than-150bn-in-to-companies-running-carbon-bomb-projects-in-2022","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/fi\/news\/banks-pumped-more-than-150bn-in-to-companies-running-carbon-bomb-projects-in-2022\/","title":{"rendered":"Banks pumped more than $150bn in to companies running \u2018carbon bomb\u2019 projects in 2022"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/\" method=\"post\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button \" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/fi\/wp-json\/wp\/v2\/posts\/118044\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\nBanks pumped more than $150bn last year into companies whose giant \u201ccarbon bomb\u201d projects could destroy the last chance of stopping the planet heating to dangerous levels, the Guardian can reveal. The carbon bombs \u2013 425 extraction projects that can each pump more than one gigaton of carbon dioxide into the atmosphere \u2013 cumulatively hold enough coal, oil and gas to burn through the rapidly dwindling carbon budget four times over. Between 2016 and 2022, banks mainly in the US, China and Europe gave $1.8tn in financing to the companies running them, new research shows.<\/p>\n<p>The climate rhetoric did not match up with what was happening on the books, said Shruti Shukla, an energy campaigner at the National Resources Defense Council, which was not involved in the investigation. \u201cWe need to rapidly decline our production of fossil fuels and support for fossil fuels, whether that\u2019s regulatory or financial.\u201d<\/p>\n<p>The carbon bombs, which were first identified in an academic database by the Guardian and partners last year, are the single biggest sources of fuels that release planet-heating gas when burned. Data for Good and \u00c9claircies, two French non-profits, and several European media outlets have now used publicly available data to map out the companies that operate the carbon bombs and the banks that finance them.<\/p>\n<p>For some projects, the datasets did not match up, were out of date or had an unclear operation status. But the researchers are confident that at least 20 of the 425 have started running since 2020, most of which are coalmines in China, while three projects have been stopped. In total, the researchers estimate that there are now as many as 294 projects running and at least 128 that are yet to start.<\/p>\n<p><a rel=\"noopener\" href=\"https:\/\/www.theguardian.com\/environment\/2023\/oct\/31\/banks-pumped-more-than-150bn-in-to-companies-running-carbon-bomb-projects-in-2022\">Read more&gt;&gt;<\/a><\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.theguardian.com\/environment\/2023\/oct\/31\/banks-pumped-more-than-150bn-in-to-companies-running-carbon-bomb-projects-in-2022\">The Guardian<\/a> <\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/vaufien\/banks-pumped-more-than-150bn-in-to-companies-running-carbon-bomb-projects-in-2022\/\">Banks pumped more than $150bn in to companies running \u2018carbon bomb\u2019 projects in 2022<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[789,3338,1140,606,607,608],"class_list":["post-118044","post","type-post","status-publish","format-standard","hentry","category-news","tag-bank","tag-carbon-bomb","tag-project","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/118044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/comments?post=118044"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/118044\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/media?parent=118044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/categories?post=118044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/tags?post=118044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}