this post was submitted on 31 Oct 2024
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Of course they are. If they wait long enough someone else (US taxpayers) will foot the bill while the banks pocket an extra 30-50y of boosted profits.
This is the stance the vast majority of US companies are taking. Climate mitigations cost money, but if businesses ignore the problem long enough (while pocketing money that could be used to mitigate damage) it'll become a crisis that only the government can handle. At that point the US taxpayer is on the hook for all of those costs.
That's the entire purpose of climate denialism - if the problem is pushed off long enough someone else will be forced to pay and good fucking luck clawing any of that money back.