Lol, “could”. Good old NYT, always dodging and fudging.

Oh no not the economy

The most mindblowing thing to me is that these firms are such a gigantic economic force, they could for example invest in renewable energy or sustainable industries. They could have our future low-carbon world by the balls, like Shell or ExxonMobil do today.

Insurers and banks could divest from their carbon-intensive assets, but they will lobby and look for every loophole to protect themselves from responsibility, while being pulled feet-first into a meatgrinder.

Nothing will meaningfully improve until the rich fear for their lives