Banks use your deposits to make loans to carbon-intensive industries. A new analysis finds that $1,000 in your account creates emissions equal to a flight from NYC to Seattle.

Archived copies of the article: archive.today ghostarchive.org web.archive.org

By switching to a climate-conscious bank, you could reduce those emissions by about 75 percent, the study found. In fact, if you moved $8,000 dollars—the median balance for US customers—the reduction in your indirect emissions would be twice that of the direct emissions you’d avoid if you switched to a vegetarian diet.

The big one in the US is Amalgamated Bank. Others are listed here

  • silence7@slrpnk.netOPM
    10·
    1 year ago

    Yeah, half the US population has less than $500 above what’s needed for immediate expenses.