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Posts by Public Banking Project

This is utter garbage. I believe in net zero. We need to get there. But renewables are not competitive. That's why they are subsidised. Fossil fuel markets are highly competitive. It shouldn't be hard to hold these two thoughts at the same time.

This is utter garbage. I believe in net zero. We need to get there. But renewables are not competitive. That's why they are subsidised. Fossil fuel markets are highly competitive. It shouldn't be hard to hold these two thoughts at the same time.

You might have formed the impression that Paul Johnson, former director of the Institute for Fiscal Studies, knows what he's talking about. The media treats him like the voice of God. But here he is - and not for the first time - talking out of his hat. Let's break it down in a short thread. 🧵

1 month ago 1894 795 112 66
The graphic features a bold pink box at the center, framed by a beige highlight along its edges. The words "BREAKING NEWS" repeat in black, bold text around the top edge of the box. Outside the pink box, in the background is a collage of black-and-white protest banners,Inside the pink box a faded map of Canada and a silhouette of Mark Carney serve as a subtle backdrop.In the box the main text is arranged as follows: "NATIONAL" in black, bold, and highlighted with beige , "WEEK OF ACTION" in white, bold text directly below #BanksOffCampus and #NoSubsidies in black, bold, smaller text, each highlighted with beige, "March 6 - 13" in white, bold text at the bottom On the right side of the pink box, there are nine logos representing student groups and the "Change Course" campaign.Below the pink box, partially obscured by it, is a pixelated, black-and-white illustration of Canada’s Parliament building, glowing with a red aura. Overlaid on this illustration is bold white text that reads: "9 campuses TAKING ACTION in solidarity with land defenders against Carney’s 'nation-building.'"

The graphic features a bold pink box at the center, framed by a beige highlight along its edges. The words "BREAKING NEWS" repeat in black, bold text around the top edge of the box. Outside the pink box, in the background is a collage of black-and-white protest banners,Inside the pink box a faded map of Canada and a silhouette of Mark Carney serve as a subtle backdrop.In the box the main text is arranged as follows: "NATIONAL" in black, bold, and highlighted with beige , "WEEK OF ACTION" in white, bold text directly below #BanksOffCampus and #NoSubsidies in black, bold, smaller text, each highlighted with beige, "March 6 - 13" in white, bold text at the bottom On the right side of the pink box, there are nine logos representing student groups and the "Change Course" campaign.Below the pink box, partially obscured by it, is a pixelated, black-and-white illustration of Canada’s Parliament building, glowing with a red aura. Overlaid on this illustration is bold white text that reads: "9 campuses TAKING ACTION in solidarity with land defenders against Carney’s 'nation-building.'"

BREAKING: #BANKSOFFCAMPUS & #NOSUBSIDIES
National Week of Action: Students on NINE CAMPUSES taking action to demand an end to fossil fuel financing ✊

1 month ago 10 5 1 0

New on Critical Takes!

How public development banks can offer a more democratic alternative to private investment.

Thomas Marois of @publicbanking.bsky.social talks about why these banks matter and how to ensure they're accountable to citizens.

Listen here:

criticaltakes.org/society-and-...

1 month ago 2 2 0 0
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Might Canada benefit from a new national #PDB? Absolutely ... if built in the #publicinterest.

publicbanking.mcmaster.ca/resources/

1 month ago 5 4 0 0
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Emerging Scholar Award - Public Banking [...]Read More...

📣 2026 Emerging Scholar Research Paper Award on Public Development Banks
Submission Deadline: 16 January 2025
#PublicBank students & recent grads don't miss this! The inaugural emerging scholar research paper award sponsored by the @publicbanking.bsky.social & AFD France.
For more: bit.ly/3KZymDQ

4 months ago 1 1 0 0

Tomorrow ...

3 months ago 0 0 0 0

Deadline 16 January 2026!!

3 months ago 1 1 0 0
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‼️2026 Emerging Scholar Research Paper Award on Public Development Banks‼️

🚩 Submission Deadline: 16 January 2025 🚩

Sponsored by McMaster University @publicbanking.bsky.social and @afd-france.bsky.social

Follow the link ⬇️
publicbanking.mcmaster.ca/pbp-grn-emer...

@thomasmarois.bsky.social

4 months ago 4 5 1 3

Deadline 16 January 2026!!

3 months ago 1 1 0 0
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‼️2026 Emerging Scholar Research Paper Award on Public Development Banks‼️

🚩 Submission Deadline: 16 January 2025 🚩

Sponsored by McMaster University @publicbanking.bsky.social and @afd-france.bsky.social

Follow the link ⬇️
publicbanking.mcmaster.ca/pbp-grn-emer...

@thomasmarois.bsky.social

4 months ago 4 5 1 3
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Background image of Canadian dollar bills with an illustration of the banking system drawn on top of a bill. “WEBINAR” “BUILDING A BETTER BANK: RECLAIMING PUBLIC MONEY FOR PUBLIC GOOD” “December 15th 7 pm ET / 4 pm PT” “Registration link in bio” “Canadian banks invest in fossil fuels, weapons, and mining - jeopardizing our future. What alternatives do we have?” Change Course logo in bottom left corner.

Background image of Canadian dollar bills with an illustration of the banking system drawn on top of a bill. “WEBINAR” “BUILDING A BETTER BANK: RECLAIMING PUBLIC MONEY FOR PUBLIC GOOD” “December 15th 7 pm ET / 4 pm PT” “Registration link in bio” “Canadian banks invest in fossil fuels, weapons, and mining - jeopardizing our future. What alternatives do we have?” Change Course logo in bottom left corner.

MARK YOUR CALENDARS 🏦 Don’t miss @changecourse-ca.bsky.social's upcoming webinar: Building a Better Bank: Reclaiming Public Money for Public Good 🌱

🗓️Monday, December 15th at 7-8:30pm EST / 4-5:30 pm PST

Register here: actionnetwork.org/events/building-a-better...

4 months ago 9 5 2 1
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You will hear from Rafaela Sa a research associate at the Public Banking Project and a PhD student in Political Science (International Relations) at McMaster University and @cupwsttp.bsky.social representative Adrian Murray and Lindsay Mathyssen.
😍Full bio in graphic below!
#Cupw

4 months ago 2 1 2 0
The Municipal Finance Authority of British Columbia (MFA BC) offers valuable insights into how the financing of sustainable infrastructure can be addressed by cities for cities. The MFA BC offers long-term, low-cost, and appropriate financing to B.C. local governments, based on cooperative values and the MFA BC’s pro-public mandate. Because the MFA BC is owned by cities for cities, it can pool the borrowing capacity of local governments in B.C. The MFA BC is also backed by local property taxes, meaning there is very little chance of the bank ever going bust. Financial markets, from which the MFA BC borrows, like this, and hence the MFA BC has a very strong AAA credit rating (which is higher than the Province of B.C.’s). This, plus the fact that the MFA BC is the sole lender to B.C. municipalities and does not need to compete with private banks, means it can provide the most competitive interest rates possible to local governments (and other public bodies). Only 19 employees manage over $10 billion in assets, making the MFA BC perhaps the most efficient bank in the world (in terms of assets per employee managed). It has also never suffered a loan default. The MFA BC also offers municipal and public bodies an investment option with very low fees charged. At the same time, the MFA BC helps the training of local government employees. The MFA BC collaborates with other public entities to assess climate threats and align municipal operations with sustainability principles. The MFA BC is a successful, financially sustainable, and democratically governed public municipal development bank that provides low-cost, long-term loans.

The Municipal Finance Authority of British Columbia (MFA BC) offers valuable insights into how the financing of sustainable infrastructure can be addressed by cities for cities. The MFA BC offers long-term, low-cost, and appropriate financing to B.C. local governments, based on cooperative values and the MFA BC’s pro-public mandate. Because the MFA BC is owned by cities for cities, it can pool the borrowing capacity of local governments in B.C. The MFA BC is also backed by local property taxes, meaning there is very little chance of the bank ever going bust. Financial markets, from which the MFA BC borrows, like this, and hence the MFA BC has a very strong AAA credit rating (which is higher than the Province of B.C.’s). This, plus the fact that the MFA BC is the sole lender to B.C. municipalities and does not need to compete with private banks, means it can provide the most competitive interest rates possible to local governments (and other public bodies). Only 19 employees manage over $10 billion in assets, making the MFA BC perhaps the most efficient bank in the world (in terms of assets per employee managed). It has also never suffered a loan default. The MFA BC also offers municipal and public bodies an investment option with very low fees charged. At the same time, the MFA BC helps the training of local government employees. The MFA BC collaborates with other public entities to assess climate threats and align municipal operations with sustainability principles. The MFA BC is a successful, financially sustainable, and democratically governed public municipal development bank that provides low-cost, long-term loans.

I learned about the BC Municipal Finance Authority from @thomasmarois.bsky.social @publicbanking.bsky.social and I think more Americans should hear about this publicbanking.mcmaster.ca/app/uploads/...

5 months ago 7 3 2 1
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Please join us Sunday, October 12 for a conversation with @publicbankla.bsky.social about how a public bank in LA could help us become a more sustainable city. Learn more and RSVP at www.ncsa.la/public_bank_.... #PublicBank

6 months ago 10 5 0 0
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BIG NEWS! LA City Councilmembers Imelda Padilla and Heather Hutt committed discretionary dollars to the LA Public Bank plan. They join 7 colleagues backing work to cut borrowing costs, reduce fees, and invest in housing, small biz & climate infrastructure. 🏦🌱

6 months ago 7 1 0 0
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💧Evidence Brief on "Public Banks and Public Water in the Global South" explores how public banks are driving equitable and sustainable water and sanitation services across the Global South🌍

📖 Read the full brief: publicbanking.mcmaster.ca/app/uploads/...

#PublicBanking #PublicWater #GlobalSouth

1 year ago 5 3 0 0
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@unctad.bsky.social is looking for a Multimedia Intern to join our communications team in Geneva, Switzerland.

Apply by 30 June ▶️ careers.un.org/jobSearchDes...

Explore other opportunities ▶️ bit.ly/unctadcareers

10 months ago 2 1 0 0
What Happened Today Was a Really Big Deal
What Happened Today Was a Really Big Deal YouTube video by Heather Cox Richardson

Professor Heather Cox-Richardson, being clear…🌻
youtu.be/dJrTQvMYRTM?...

10 months ago 1 1 0 0
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Banking for the People: How Democratic Oversight Funds Social Progress (Susan Spronk)

🎥 Produced by the Municipal Services Project and the Public Banking Project in collaboration with the Transnational Institute

📚 Learn more about the chapter: tinyurl.com/yew29h4t

10 months ago 2 1 0 0
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Public Banking’s Global Impact: A $55 Trillion Force in Finance (Thomas Marois)

🎥 Produced by the Municipal Services Project and the Public Banking Project in collaboration with the @tninstitute.bsky.social.

📚 Learn more about newly released book: tinyurl.com/yew29h4t

#PublicBank #EconomicJustice

10 months ago 2 3 0 1
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Video

🏛️Why Public Banks Matter and Why We Must Protect Them (David McDonald)

🎥 Produced by the Municipal Services Project and the Public Banking Project in collaboration with the @tninstitute.bsky.social.

📚 Learn more about the newly released book: tinyurl.com/yew29h4t

10 months ago 1 1 0 0
Video

🏛️ The Future of Public Services: Why International Dialogue Matters (By Melina Tobias)

🎥 Produced by the Municipal Services Project and the Public Banking Project in collaboration with the Transnational Institute

📚 Learn more about the book: tinyurl.com/yew29h4t

10 months ago 1 1 0 0
Video

🏛️ Ensuring the Sustainability of Public Banks (By Thomas Marois)

🎥 Produced by the Municipal Services Project and the Public Banking Project in collaboration with the @tninstitute.bsky.social

📚 Learn more about the book: tinyurl.com/yew29h4t

10 months ago 1 1 0 0
Video

🏛️ Ensuring the Sustainability of Public Banks (By Thomas Marois)

🎥 Produced by the Municipal Services Project and the Public Banking Project in collaboration with the @tninstitute.bsky.social

📚 Learn more about the book: tinyurl.com/yew29h4t

10 months ago 1 1 0 0
Video

🏛️ The Future of Public Services: Why International Dialogue Matters (By Melina Tobias)

🎥 Produced by the Municipal Services Project and the Public Banking Project in collaboration with the Transnational Institute

📚 Learn more about the book: tinyurl.com/yew29h4t

10 months ago 1 1 0 0

Hard to think of a clear depiction of climate politics in Canada than provincial premiers calling for more pipelines and deregulation of oil and gas development as climate-amplified wildfires rage in their own provinces. #cdnpoli

10 months ago 288 121 22 8
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Had the honor of speaking at LA City Hall with Councilmembers
Eunisses Hernandez, Hugo Soto-Martinez, and Ysabel Jurado, as they committed their own funds to launch LA’s Public Bank plan. Institutional change takes time, persistence & collective will, but it’s happening.🏦✨ @publicbankla.bsky.social

10 months ago 10 4 0 0
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🌱 Why Build a Pro-Labour Public Banking Movement for Green & Just Transition? How?

The roundtable at the CAWLS Conference connected research, labour activism, and public finance to imagine how trade unions and civil society can co-design public banks that serve people and planet.

10 months ago 3 3 0 0
Advertisement
Video

🏛️Why Public Banks Matter and Why We Must Protect Them (David McDonald)

🎥 Produced by the Municipal Services Project and the Public Banking Project in collaboration with the @tninstitute.bsky.social.

📚 Learn more about the newly released book: tinyurl.com/yew29h4t

10 months ago 1 1 0 0
Post image Post image Post image

🌱 Why Build a Pro-Labour Public Banking Movement for Green & Just Transition? How?

The roundtable at the CAWLS Conference connected research, labour activism, and public finance to imagine how trade unions and civil society can co-design public banks that serve people and planet.

10 months ago 3 3 0 0