AOC Asks the Top U.S. Bank CEOs: ‘Are Each of Your Firms Still Financing New Oil and Gas Production?’

OCASIO CORTEZ Just last ░░░░░░░░ the IEA announced that ░░░░░░░░ new fossil fuel projects ░░░░░░░░ be stopped immediately in ░░░░░░░░ to meet the Paris ░░░░░░░░ of limiting warming to ░░░░░░░░ 5 degrees Centigrade So ░░░░░░░░ just wanted to pose ░░░░░░░░ couple of questions to ░░░░░░░░ of discern a little ░░░░░░░░ about the details of ░░░░░░░░ of your firm s ░░░░░░░░ So for each of ░░░░░░░░ if we could just ░░░░░░░░ of go down yes ░░░░░░░░ no are each of ░░░░░░░░ firms still financing new ░░░░░░░░ and gas production We ░░░░░░░░ start with Mr Fraser ░░░░░░░░ Yes we re also ░░░░░░░░ some new ones OCASIO ░░░░░░░░ Okay And for Mr ░░░░░░░░ MOYNIHAN We finance oil ░░░░░░░░ and we ll continue ░░░░░░░░ do so to help ░░░░░░░░ make the transition that ░░░░░░░░ ve all talked about ░░░░░░░░ the end of the ░░░░░░░░ we ll get there ░░░░░░░░ the private sector driven ░░░░░░░░ and investing in some ░░░░░░░░ technologies and some of ░░░░░░░░ companies have the intellectual ░░░░░░░░ that is superior for ░░░░░░░░ capture and storage things ░░░░░░░░ re going to need ░░░░░░░░ make this happen And ░░░░░░░░ we ll continue to ░░░░░░░░ work with them OCASIO ░░░░░░░░ Is has anyone who ░░░░░░░░ not answered not financing ░░░░░░░░ oil and gas production ░░░░░░░░ I ll take that ░░░░░░░░ a no.”