Big banks are pushing high energy prices on consumers | Beaufort County Now | central banks and large commercial banks pushing climate alarmism

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One of the forces pushing high energy prices on consumers are the big banks and even the central banks like the Fed.  They are doing things to make it hard for conventional energy companies promoting oil, gas, coal, and nuclear to borrow money to expand operations.  They promote expensive and unreliable sources like wind and solar. A new article in Spectator Australia, a branch of the world's oldest news magazine, The Spectator, tells the story:

https://spectator.com.au/2022/03/will-war-end-the-climate-alarmist-zeal-of-the-central-banks/?mc_cid=a0055f1355

To tell which banks, or for that matter any corporation is "woke" the thing to look for is whether they kowtow to the far left's ESG standards, which stands for "environmnent. social justice, and governance".  More banks than one would realize here in North Carolina do so.  If you bank is on the ESG track, it is time to look for a different bank.


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