'The idea of a people, investors and banks buying into a company like Saudi Aramco just flies in the face of everything we need to do to stop climate breakdown,' Rachel Kennerley of Friends of the Earth told Newsweek.
—all have lengthy portions of their websites dedicated to climate and environmental concerns.
"We see this a lot where banks say things in public that imply that they are taking a positive role in combating climate change, but if you look at where the money is going, then they are actually driving it and pumping in huge sums of money into the very industries that are doing the most damage. "A local listing is a signal that this really is a fire sale to cash out oil assets before the market turns against oil and the company begins to lose value.
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