America’s Biggest Financial Firms Are Renouncing Radical Anti-Fossil Fuel Mandates that Would Destroy the American Energy Industry, Eliminate Jobs, and Raise Prices

A new analysis from Unleash Prosperity has examined the once-formidable alliance of major U.S. financial institutions – banks and asset managers – with radical climate change environmental groups. These banks collectively manage more than $40 trillion of assets and accounts under management. Participation in NetZero fossil fuels initiatives – which would effectively phase-out oil, natural gas and coal usage – has fallen by nearly 90% over the past four years.