Major financial institutions are backing away from prominent net zero climate alliances, marking a significant shift in the financial sector’s approach to carbon emission goals. Phil Kerpen, president and CEO of American Commitment, joins John Hines to discuss a new report examining the retreat from groups including the Net-Zero Banking Alliance, Net Zero Asset Managers initiative and Climate Action 100+. Kerpen explains why major U.S. banks have left these organizations, how climate-related financial policies changed under the Trump administration, and concerns over climate goals influencing lending and investment decisions. Join this channel to get access to OAN Live & perks: https://www.youtube.com/channel/UCNbIDJNNgaRrXOD7VllIMRQ/join Visit us On OAN Live : https://live.oann.com/home.ktv Website: https://www.oann.com Facebook: https://www.facebook.com/OneAmericaNewsNetwork Twitter: https://twitter.com/OANN Instagram: https://www.instagram.com/one_america_news_ KlowdTV: Watch OAN Live on KlowdTV subscription prices start at $2.99 /mo https://klowdtv.com