Wall Street breaks from net-zero climate alliance ahead of Trump term (1 Viewer)

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    Wall Street's largest banks simultaneously exited the same net-zero climate alliance that was probed by Republican lawmakers last year, announced just weeks before President-elect Donald Trump will be sworn into office.

    Since 2021, banking giants have been prominent members of the Net-Zero Banking Alliance (NZBA), a global group of financial institutions "committed to financing ambitious climate action" to transition the economy to net-zero greenhouse gas emissions by 2050.

    However, since December, six of the world's largest banks, J.P. Morgan...

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