Big Banks Are Accelerating Their Investments in the Fossil Fuel Industry

For the past two years, more than a dozen major banks have been not only reneging on their climate commitments, they’ve been actively making the crisis worse. In 2024 and 2025, during the leadup to President Donald Trump’s second inauguration, all six of the nation’s largest banks abandoned the Net-Zero Banking Alliance, a voluntary climate coalition, precipitating the Alliance’s complete…
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Florida Law Banning Local Net-Zero Emissions Policies Will Take Effect July 1

A new state law limits Florida communities’ aims to offset greenhouse gas emissions that are warming the global climate and intensifying disasters such as hurricanes. Specifically, HB 1217 prohibits local governments from pursuing net-zero emissions goals. At least 10 cities and counties have implemented such policies, including Fort Lauderdale, Miami, Orlando and Leon County…
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