Why? Because since the Paris climate accords are negotiated in 2015, JP Morgan Chase has loaned more money to the fossil fuel industry than any other bank — $195 billion according to an opinion piece McKibben wrote for The New York Times. Wells Fargo ($151 billion), Citibank ($129 billion), and Bank of America ($106 billion) were not far behind. Combined, that group of 4 banks provided almost $600 billion to companies who are despoiling the Earth with their business activities.
In a perfect world, the executives who control those banks and fossil fuel companies would be in jail, charged with crimes against humanity, but in the less than perfect world we live in, McKibben says the best thing individuals can do is pressure the banks to turn off the money spigot that funds oil and gas companies.
McKibben has special contempt for JP Morgan Chase because it is funding “the very worst projects — projects that expand the reach of fossil fuel infrastructure and lock in our dependence on fossil fuels
Climate Leviathan: A Political Theory of Our Planetary Future
by Joel Wainwright and Geoff Mann
How climate change will affect our political theory—for better and worse. Despite the science and the summits, leading capitalist states have not achieved anything close to an adequate level of carbon mitigation. There is now simply no way to prevent the planet breaching the threshold of two degrees Celsius set by the Intergovernmental Panel on Climate Change. What are the likely political and economic outcomes of this? Where is the overheating world heading? Available On Amazon
Upheaval: Turning Points for Nations in Crisis
by Jared Diamond
Adding a psychological dimension to the in-depth history, geography, biology, and anthropology that mark all of Diamond's books, Upheaval reveals factors influencing how both whole nations and individual people can respond to big challenges. The result is a book epic in scope, but also his most personal book yet. Available On Amazon
Global Commons, Domestic Decisions: The Comparative Politics of Climate Change
by Kathryn Harrison et al
Comparative case studies and analyses of the influence of domestic politics on countries' climate change policies and Kyoto ratification decisions. Climate change represents a “tragedy of the commons” on a global scale, requiring the cooperation of nations that do not necessarily put the Earth's well-being above their own national interests. And yet international efforts to address global warming have met with some success; the Kyoto Protocol, in which industrialized countries committed to reducing their collective emissions, took effect in 2005 (although without the participation of the United States). Available On Amazon