Oil pipelines, pumping rigs, and electrical transmission lines dot the landscape along California's "Petroleum Highway" (Highway 33) running along the northwestern side of the San Joaquin Valley on April 24, 2020, near McKittrick, California. This area is known as the South Belridge Oil Field, and is part of the larger Belridge Producing Complex of Aera Energy LLC, which includes the smaller, but still substantial oil fields of North Belridge, Lost Hills, and Cymric, all in northwestern Kern County and 44 miles west of Bakersfield.
George Rose/Getty Images
Last week, executives from Citibank and JPMorgan sat on a panel at a New York City business conference hosted by the news agency Reuters to discuss "the decarbonization pathway for finance." But as they were expounding on what their banks were doing concerning climate change, an activist got up and interrupted them.
"Citibank and JPMorgan are two of the world's — THE TOP TWO financiers of fossil fuels in the world," she told the room. "You're telling me that you people are going to lead the way to sustainable finance?"
Sign up to read this article
Read news from 100's of titles, curated specifically for you.
