Archive | April 16, 2019

“Bank of England begins climate enforcement with a velvet glove”

Sarah Breeden, head of international bank supervision at the Bank of England.

Threadneedle Street would never publicly endorse action that causes disruption but the speech by Sarah Breeden, head of international banks supervision, suggests a degree of sympathy with the points being made by the protesters: that time is running out to prevent catastrophic climate change and previous efforts to combat the problem have been nowhere near vigorous enough.