However they hold a disproportionate number of wealth: Us citizens 57 and you may more mature (middle-agers and those belonging to the silent generation) very own 70% regarding U.S. wealth even after getting back together just over a quarter of one’s inhabitants, predicated on study in the Government Put aside. Millennials very own regarding 5% out-of U.S. wealth, even after making up more 20% of the population.
Provided all of that money, more mature Americans get the best possibility during the persuading banking companies to end committing to fossil fuel, Arcara told you. Compared to that stop, 3rd Work was event claims away from financial consumers just who state it tend to romantic (or never ever open) membership which have the “big five” banks-Lender out of The usa, Chase, Citibank, and Wells Fargo-once they still spend money on fossil fuels.