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COP24: Ten years on from Lehman Brothers, we can't trust finance with the planet

Tomaso Ferrando, University of Bristol
07 December 2018

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Private finance crashed the economy and is too consumed by the profit motive to be a reliable ally against climate change. We should not allow COP24 to be their board meeting, argues Tomaso Ferrando from the University of Bristol

Lehman Brothers filed for bankruptcy on September 15, 2008. The investment bank's collapse was the drop that made the bucket of global finance overflow, starting a decade of foreclosures, bailouts and...