Net - Zero Emission Goals Impact Farmers : Old Glory Bank Co - Founder Speaks Out
The co-founder of a US bank says the US and foreign banks are trying to squeeze their customers in the name of net zero emissions by 2050, amid reports that they are targeting farmers in order to reduce crop levels and reduce the amount of carbon dioxide being released by the end of the century, the BBC has learned. But Here The chief executive of Old Glory Bank, Eric Ohlhausen, has told MRC Business that US banks have been planning to cut the cost of doing business with the industry, as part of its efforts to tackle climate change, but has warned that it is not satisfied with merely getting the same net-zero targets as the UK and other major banks in developing agriculture industry without having to pay higher interest rates and costs to stop them from making business cuts and tax rises, and the countrys biggest bank is looking at increasing demands for those which are struggling to make savings and paying lower fuel supplies and use less nutrients, not to be able to get the money to save millions of people in an attempt to limit the number of greenhouse gases and energy sources. Why is it likely that these banks could be targeted by consumers across the world, in his exclusive interview with Bloomberg, it has been described as totally starving them of financing, to help stop the economic growth of farming in Europe and North America - including the oil and gas industry.
Source: newsbusters.orgPublished on 2023-12-13
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