Warren Targets Banks
Elizabeth Warren is out for blood.
Democrat Senator Elizabeth Warren has just attacked big banks once again and is now accusing them of being a major contributor to climate change and wants the government to hold them accountable.
According to Yahoo, Warren collected data from the Sierra Club and the Center for American Progress and claims that 8 out of 10 of the biggest U.S. banks produced 2 billion tons of carbon dioxide emissions which is just 1% short of the amount of carbon dioxide produced by Russia.
“The volume of greenhouse gas emitted by the financial-services industry is outrageous. If it were a country it would rank as the fifth-largest emitter in the world,” Warren wrote on Twitter.
“Regulators need to crack down,” she further explained.
It is unclear at the moment if President Biden will side with Warren and follow her recommendations to remedy the climate issue that Warren claims is a big issue. President Biden has been facing a recent uptick in pressure to further address climate change.
