The World’s Biggest Banks Just Nuked The Left’s ‘Green New Deal’

FOURTEEN of the world’s largest banks and financial institutions are preparing to pledge their support for the development of more nuclear energy

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anks including Bank of America, Barclays, BNP Paribas, Citi, Morgan Stanley and Goldman Sachs will announce at an event on Monday with White House climate policy adviser John Podesta new support goals set out at the COP28 climate negotiations last year to triple the world’s nuclear energy capacity by 2050.

“This event is going to be a game-changer,” George Borovas, head of the nuclear practice at law firm Hunton Andrews Kurth and board member of the World Nuclear Association told the Financial Times.

“Until now, he said, banks had found it politically difficult to support new nuclear projects, which often required sign-off from the chief executive’s office,” he said.

“Banks at their senior management level would just say, we don’t understand anything about nuclear. We just know it’s very difficult, very controversial,” said Borovas. He added that the support from the banks would help normalise nuclear energy as “part of the solution for climate change” rather than “a necessary evil.”

Banks could support the construction of new plants by increasing direct lending and project finance to nuclear companies, arranging bond sales or introducing companies to private equity or credit funds.

BNP told the Financial Times there was “no scenario” in which the world would be able to achieve carbon neutrality by 2050 without utilizing nuclear power, citing the UN’s Intergovernmental Panel on Climate Change. Barclays said it was taking part because nuclear could also be a solution to the intermittency of wind and solar energy.

This development means the Harris/Biden regime has taken a direct nuclear hit to their tyrannical green agenda; and, they may never recover. It might be time to say good bye to the Marxist “Green New Deal” and say HELLO to clean new nuclear power. The world’s top banks have had enough of the green nightmare and are now pledging their support for nuclear energy…

This isn’t just big news—it’s great news for those of us tired of being treated like second-class citizens by the elitist green agenda.

BREAKING IN NYC: WORLD’S BIGGEST BANKS PLEDGE SUPPORT FOR NUCLEAR

Banks and funds totaling $14 TRILLION in assets have just signed an unprecedented statement in support of nuclear power.

They’ll be presenting the pledge to support the goal of tripling nuclear THIS MORNING at the Rockefeller Center in New York City to kick off NY Climate Week.

A few of the international banking partners participating:

Bank of America

Barclays

BNP Paribas

Brookfield

Citi

Credit Agricole

Goldman Sachs

Morgan Stanley

Rothschild & Company

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In effect, what the banks will be doing is essentially investing in President Trump’s energy vision.

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BREAKING: Trump announces that his upcoming administration will build new Nuclear Power Plants to supply cheaper electricity for the next generation of American innovation

“We have to produce massive electricity…”

“Nuclear now has become very good, very safe, and you build the smaller plants and you attach them… Nuclear is very powerful, very good.”

This is why they are doing everything in their power to stop Trump. He doesn’t work for anybody. He works for the American people. Guess who it would “hurt” to have nuclear energy… the oil and gas lobbies, but Trump is willing to do it because it’s the RIGHT thing to do.

If we double the amount of nuclear energy on the grid, the cost of everything will be reduced to HALF overnight. Nuclear plants take time to build, but I trust a builder like Trump to do the job over the cackling dragon they’ve put up against him.✪

COUNTDOWN TO NOVEMBER 5, 2024

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