DBS to end 'dirty coal' lending by year-end, says CEO

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Two poss ways to look at an duse this eg....
1) MNCs like DBS is profir-driven, so it continues to invest (hence encourage) in the highly-polluting coal industry. Hence, even when S&T can save envmt with renewable energy sources, the impact is minimal if the take-up rate is low....
In fact, this is a major stumbling block when it comes to saving the envmt....consumers and businesses are reluctant to use renewable or green energy when traditional sources of energy are plentiful and readily available. Eg. there is a plentiful supply of coal in China, which makes it cheap, hence little or no incentive to switch to more expensive green energy.

2) MNCs like DBS can make a difference...it is concerned about its public image and fearful of consumer boycott...hence, it is weaning itself away from 'dirty coal' and moving towards investing in renewable energy....

With regard to the qn below,think along the lines of:
1) whether S&T in itself can save mother nature....this is both a yes and a no depending on the examples you look at
2) assuming S&T can indeed save the envmt, there is still the qn of ARE WE ACTIVELY USING IT? This is where other stakeholders come into play (consumers, govt, businesses...). A key can be used to open the room, but if we do not use the key, the door remains locked and we remain trapped in the darkness of the room. S&T is the key here....
Hence, S&T cannot be relied on just itself to solve the mammoth problem of the evmt; other factors need to be part of the equation too...


Qn: Can we rely on science and technology to solve our environmental problems?