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A Matter of Degrees

A Matter of Degrees

The 'Bond Vigilante' Exposing Fossil Fuel Risk

Aug 16, 2021 · 43m

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About this episode

Since the Paris Climate Agreement was signed in 2015, banks and large investors have dumped $3.8 trillion into fossil fuels. It's a staggering number. This is why writer and activist Bill McKibben calls money the "oxygen" that fuels the fire of global warming. While the wildfires burning around the world are getting worse each year, it's like the world's bankers are blowing on those fires, making them even bigger. For this episode, we have a story about two people who are trying to cut off that supply of oxygen to global lenders and the insurance companies backing them. It comes from our executive editor, Stephen Lacey. We'll hear from Ulf Erlandsson , founder and chief executive of a…