For the love of money is the root of all evil…
—1Timothy 6:10
The destruction of the planet rests on three flows of money.
Flow #1:
Our funds to climate-bad banks.
Citizens use of credit cards, savings / checking accounts & mortgages from climate-bad banks helps these banks to be profitable.
Flow #2:
Climate-bad bank funds to fossil fuel industry.
Bank loans, coverage from insurance companies and investments from investment companies allow the fossil fuel industry to destroy the planet.
Flow #3:
Fossil fuel industry funds to politicians.
Huge campaign contributions to politicians prevent government from taking effective action to address climate change because politicians value their “money constituencies” more than their voter constituencies.
What our success depends upon
In many stories one is cautioned to follow the money and that is true for climate change. Our success in defending the planet depends on interrupting each of the above money flows. There is no more important work for us to do.
Our Move-Your-Money Initiative disrupts the flow of $ to climate-bad banks and ideally gets banks to stop or drastically reduce funding fossil fuel projects, especially if combined with a publicity campaign to mar their reputations for helping destroy the planet.
The third flow of money from the fossil fuel Industry to politicians is the source of our collective inability to address climate change at the level it needs to be addressed. This will require action to make accepting political contributions “political poison” for politicians. THIS! is working on a Political Poison initiative. Stay tuned.