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Report ties Big Tech’s big savings to climate change

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The Marathon Petroleum Corp. El Paso oil refinery operates near a neighborhood of homes in East-Central El Paso on December 10, 2021 in El Paso, Texas.

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

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Economic Pulse

How banks use Big Tech's deposits to fund the fossil fuel industry

by David Brancaccio and Jarrett Dang Jun 22, 2022
Some tech giants have pledged to decarbonize operations. But their cash contributes to climate change, says environmentalist Bill McKibben.

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