Toxic Bonds: 2024 Forecast
Let's talk about bonds, dirty bonds. But what are bonds? #ToxicBonds are fossil fuel bonds - the loans issued to fossil fuel companies that give more than half the cash they need to keep on mining, fracking, extracting, polluting, destroying, and wrecking, our lovely little planet. This is a big deal -Seriously, how’d we miss this - just thirty coal, oil and gas companies - also known as “the dirty 30 - will have 288 billion euros worth of fossil bonds mature before the end of 2025. Scary, right? We thought we were trying to phase out fossil fuels….. Dozens of new bonds will be issued in 2024, and we can no longer let them go unchallenged. When these fossil fuel companies come knocking on the door of banks and lenders asking for another round of cash to fund another round of fossil fuel expansion, we need to be ready. Let's organize to show up at the doors of these banks and financial institutions and make it clear that their days of quietly funding climate catastrophe are over. Want to help take down these climate criminals? And maybe have a bit of fun while we do it. Well, we do too…. Check out the links below to find out more about the murky underworld of fossil fuel bonds, and a few creative tactics we can use to crash their little petro-party. Get in touch! www.toxicbonds.org www.artivistnetwork.org/toxic-bonds
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