Another Financial Industry Climate Collusion Cohort Collapses
7th October 2025
Another domino fell Friday in the collapse of collusion by financial institutions seeking to impose net-zero ideology on the American marketplace, as the Net-Zero Banking Alliance (NZBA) closed its doors.
“Net-zero,” which envisions achieving zero-sum emissions of so-called “greenhouse” gases, particularly carbon dioxide, is one element of the radical-left’s ESG (Environment, Social, Governance) ideology. Financial institutions belonging to groups such as NZBA agree to discriminate against, or in favor of, companies based on whether or not they adhere to net-zero mandates.
“On paper, the NZBA, which was convened by the UN Environment Programme finance initiative but led by banks, encouraged members to slash the carbon footprint of their investments and help drive the transition to net zero emissions by 2050,” The Guardian noted Friday.
Over the past two years, such collusive efforts have come under scrutiny for being potential anti-trust violations.