What I’m waiting to see is what happens when all the loans that have been given to the fracking companies go bad.

The world’s largest investment banks have provided more than $700bn of financing for the fossil fuel companies most aggressively expanding in new coal, oil and gas projects since the Paris climate change agreement, figures show.

The financing has been led by the Wall Street giant JPMorgan Chase, which has provided $75bn (£61bn) to companies expanding in sectors such as fracking and Arctic oil and gas exploration, according to the analysis.

The New York bank is one of 33 powerful financial institutions to have provided an estimated total of $1.9tn to the fossil fuel sector between 2016 and 2018.

Since then, they doubled down with another $2 trillion in loans.

That’s $4 TRILLION that just went belly-up. And that’s just the frackers. Exxon, Shell, etc. were in for another $6 trillion.

Banks are about to take a hit. If you can, get your money out in the form of cash, SOON.