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Interest-based finance and global warming: Making the connection

Posted on 09 December 2010

Ethica’s Managing Director, Atif Khan said, “The connection between interest-based banking and global warming is rarely made. Yet, across the globe, every summer gets hotter and every winter gets milder. We need to make this connection and understand the true humanitarian cost of compounding interest and the demands it places on the Earth and us.”
Between 1980 and 2007, the summer Arctic ice area shrank from ten million square kilometers to four million square kilometers. At this rate, the Arctic will be almost free of ice within fifteen years and the sun, with no large ice sheet deflecting its light, will have free reign to warm our oceans at will……………………………………….Full Press Release: Source

 
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