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.

https://www.theguardian.com/business/2019/apr/15/bank-of-england-begins-climate-enforcement-with-a-velvet-glove

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.

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