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Jun 22, 2022
Report ties Big Tech’s big savings to climate change
Despite wanting and needing to reduce oil consumption, many countries are still largely fossil-fuel dependent. Above: An oil refinery operates near El Paso, Texas.
Patrick T. Fallon/AFP via Getty Images
A recent report shows that tech companies – many who have been at the forefront of climate action – could actually be aiding the expansion of the fossil fuel industry through their significant bank deposits. Bill McKibben, a longtime environmental activist and founder of the new climate advocacy group Third Act, helps us dive into what this means. President Biden is officially supporting a three-month suspension of the federal fuel tax to ease the pain at the pump. A group of renewable energy developers is ready to buy $6 billion in solar panels ... if they're American made.
The team
David Brancaccio
Host
Victoria Craig
Host, BBC
Stephen Ryan
Senior Producer, BBC
Jonathan Frewin
Producer, BBC
Jay Siebold
Technical Director
Jesson Duller
Media Producer
Meredith Garretson
Producer
Erika Soderstrom
Producer
Rose Conlon
Producer
Alex Schroeder
Producer
Redmond Carolipio
Digital Producer
Ariana Rosas
Producer/Director
Jarrett Dang
Production Assistant