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Top Banks Pump $705.8 Billion into Fossil Fuels Amid Climate Crisis: JPMorgan, Mizuho Bank Tops List

On May 13, a consortium of NGOs, including the Rainforest Action Network and BankTrack, released the “Bank Giants and Climate Chaos 2024” report in collaboration with over 580 global institutions. The report reveals that in 2023, the world’s 60 largest banks provided up to $705.8 billion in financing to the fossil fuel industry, which is contributing to the climate crisis. Over 25% of this financing came from the top five banks in

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Representative Image. Server Racks on Data Centers. Photo Source: Brett Sayles (Pexels)

Google, Intersect Power, and TPG’s $20B Plan to Meet 160% Data Center Energy Demand Surge by 2030

A strategic partnership between Google, Intersect Power, and TPG Rise Climate aims to develop industrial parks housing data centers powered by co-located clean energy plants across the United States. The first phase is expected to be operational by 2026, with full completion in 2027. This initiative addresses two pressing challenges: the exponential growth in data

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