2 thoughts on “French bank restricts coal finance activities”

  1. This is a self-destructive policy for a financial organization.
    There will always be a demand for electricity, and it is plain that ‘alternative’ suppliers of electricity will not be able to to provide a supply adequate for the market with current technology for the foreseeable future.
    The market *will* find a source for the electricity it demands, and those who have invested in that source will prosper.
    Those who comply with arbitrary restrictions on the sources will not have a competitive product to bring to market.

    Thermodynamics teaches us that an unrestricted system quickly and efficiently finds its most stable state, while systems forced to meet additional conditions achieve an artificial and less stable state than the corresponding unrestricted system.

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