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Cake day: January 29th, 2025

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  • From the original report:

    -Over a third of the world’s largest banks (26 of 65) reduced their fossil financing from the previous year, with some European banks and some Canadian banks driving most of that progress.

    -The remaining 39 banks moved in the opposite direction, and some US, Japanese, and Chinese banks were responsible for the largest year-on-year increases.

    -On balance, the world’s 65 largest banks committed $906 billion to companies conducting business in fossil fuels in 2025, up $64 billion or 7.6% from 2024.

    -Since 2021, global banks have funneled over $4.2 trillion in financing to fossil fuels, including $2.1 trillion to fossil firms in expansion.

    Edit

    Dealmakers and Dealtakers: Top Bank Financing by Country 2025

    The US dominates as a financial center providing bank financing for fossil fuels. This petrostate also jumps off the chart (below) as the nation receiving the most fossil fuel debt from banks. In fact, US fossil fuel corporations received 45.4% of all fossil fuel financing in 2025. Comparing countries’ total bank fossil financing to their fossil fuel company borrowers, the US is an outlier. It is the only Big Six financial center [comprising the U.S., Canada, Japan, EU, China, UK] whose fossil firms receive more bank financing than its banks provide. Japanese banks, on the other hand, provide much more financing than the country’s fossil sector receives. In China, the volume of bank financing to fossil firms is about equal to the amount received by fossil firms. This is at least partly explained by China’s more insular financing model: about 86% of 2025 fossil financing from Chinese banks went to Chinese comp


  • From the original report:

    -Over a third of the world’s largest banks (26 of 65) reduced their fossil financing from the previous year, with some European banks and some Canadian banks driving most of that progress.

    -The remaining 39 banks moved in the opposite direction, and some US, Japanese, and Chinese banks were responsible for the largest year-on-year increases.

    -On balance, the world’s 65 largest banks committed $906 billion to companies conducting business in fossil fuels in 2025, up $64 billion or 7.6% from 2024.

    -Since 2021, global banks have funneled over $4.2 trillion in financing to fossil fuels, including $2.1 trillion to fossil firms in expansion.

    Edit

    Dealmakers and Dealtakers: Top Bank Financing by Country 2025

    The US dominates as a financial center providing bank financing for fossil fuels. This petrostate also jumps off the chart (below) as the nation receiving the most fossil fuel debt from banks. In fact, US fossil fuel corporations received 45.4% of all fossil fuel financing in 2025. Comparing countries’ total bank fossil financing to their fossil fuel company borrowers, the US is an outlier. It is the only Big Six financial center [comprising the U.S., Canada, Japan, EU, China, UK] whose fossil firms receive more bank financing than its banks provide. Japanese banks, on the other hand, provide much more financing than the country’s fossil sector receives. In China, the volume of bank financing to fossil firms is about equal to the amount received by fossil firms. This is at least partly explained by China’s more insular financing model: about 86% of 2025 fossil financing from Chinese banks went to Chinese comp







  • There seems to be crackdown on leftist organizations in progress.

    There may or may not be such a crackdown (against left-wing and right-wing organizations). In 2024, for example, the Rote Hilfe openly criticized the state upon the arrest of Daniela Klette as she was arrested the year before, and embraced her actions (you’ll find ample evidence on the web). Wikipedia says about Klette:

    Klette is an alleged member of the third generation Red Army Faction active during the 1980s and 1990 … Klette is a suspect in the 1991 United States embassy sniper attack in Bonn and the 1993 explosives attack against Weiterstadt prison under construction in the state of Hesse … In 1999, Klette, Burkhard Garweg, and Ernst-Volker Staub were suspected of robbing DM 1 million from an armoured vehicle in Duisburg.

    The Rote Hilfe has been embracing her violence. And this is just an example of what they do.

    As I said earlier on, there is no difference between the left-wing and right-wing organizations if and when they intend to topple the democratic state, particularly by violence. This is unacceptable and intolerable imo.