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

Oh no not the economy

Nothing will meaningfully improve until the rich fear for their lives

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.