{"id":3259,"date":"2020-05-17T23:01:29","date_gmt":"2020-05-17T21:01:29","guid":{"rendered":"https:\/\/reclaimfinance.org\/site\/?p=3259"},"modified":"2023-03-03T16:25:15","modified_gmt":"2023-03-03T15:25:15","slug":"quantitative-easing-climat-le-sale-secret-de-la-bce","status":"publish","type":"post","link":"https:\/\/reclaimfinance.org\/site\/2020\/05\/17\/quantitative-easing-climat-le-sale-secret-de-la-bce\/","title":{"rendered":"Quantitative easing &#038; climat : le sale secret de la BCE"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-blend:overlay;--awb-bg-size:cover;--awb-margin-bottom:0px;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-1\"><p style=\"text-align: justify;\"><b><span style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); letter-spacing: var(--body_typography-letter-spacing);\">En mai 2020, Reclaim Finance publie un rapport r\u00e9v\u00e9lant la forte exposition du Quantitative Easing de la BCE aux \u00e9nergies fossiles. Sur une <\/span><\/b><span style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); letter-spacing: var(--body_typography-letter-spacing);\"><b>\u00e9tude de la liste des actifs d\u00e9tenus par la BCE au titre des achats d\u2019actifs d\u2019entreprises (CSPP et PEPP), Reclaim Finance montre que le quantitative easing b\u00e9n\u00e9ficie aujourd\u2019hui fortement aux entreprises des secteurs les plus polluants (\u00e9nergies fossiles, a\u00e9rien, automobile\u2026).<\/b><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); letter-spacing: var(--body_typography-letter-spacing);\"><span style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); letter-spacing: var(--body_typography-letter-spacing);\">Intitul\u00e9 \u00ab\u00a0<\/span><\/span><span style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); letter-spacing: var(--body_typography-letter-spacing);\">Quantitative easing &amp; climat : le sale secret de la BCE\u00a0\u00bb <\/span><span style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); letter-spacing: var(--body_typography-letter-spacing);\"><span style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); letter-spacing: var(--body_typography-letter-spacing);\">d\u00e9montre que le principe de \u00ab\u00a0neutralit\u00e9 du march\u00e9\u00a0\u00bb pousse la BCE \u00e0 favoriser des entreprises qui, par leurs activit\u00e9s dans les \u00e9nergies fossiles, emp\u00eachent l&rsquo;Union europ\u00e9enne \u00e0 tenir ses propres objectifs en mati\u00e8re climatique. <\/span><\/span><\/p>\n<p style=\"text-align: justify;\"><b style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); letter-spacing: var(--body_typography-letter-spacing);\"><span style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); letter-spacing: var(--body_typography-letter-spacing);\">Reclaim Finance appelle ainsi Christine Lagarde et les gouverneurs des banques centrales membres de la BCE \u00e0 exclure imm\u00e9diatement les entreprises les plus polluantes des \u00e9nergies fossiles du quantitative easing europ\u00e9en.<\/span><\/b><\/p>\n<p style=\"text-align: justify;\"><b style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); letter-spacing: var(--body_typography-letter-spacing);\"><span style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); letter-spacing: var(--body_typography-letter-spacing);\">Ce qu&rsquo;il faut retenir du rapport: <\/span><\/b><\/p>\n<ul>\n<li style=\"text-align: justify;\">Depuis plusieurs ann\u00e9es, et encore plus dans un contexte de crise, la BCE utilise massivement le quantitative easing pour remplir ses missions. Avec les banques de l\u2019Eurosyst\u00e8me, elle d\u00e9tenait 2783 milliards d\u2019actifs fin mars 2020 et pr\u00e9voit d\u2019en acheter 1100 milliards sur l\u2019ann\u00e9e.<\/li>\n<li style=\"text-align: justify;\">Les rachats d\u2019actifs d\u2019entreprises financeraient \u00e0 63% des entreprises tr\u00e8s \u00e9mettrices de GES, <span style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); font-weight: var(--body_typography-font-weight); letter-spacing: var(--body_typography-letter-spacing);\">soit jusqu\u2019\u00e0 132 milliards de financements polluants pour les seuls rachats lanc\u00e9s en r\u00e9ponse \u00e0 la crise du Covid-19. <\/span><\/li>\n<li style=\"text-align: justify;\">Le BCE a achet\u00e9 les titres de 38 entreprises des \u00e9nergies fossiles. Parmi elles, 10 entreprises sont li\u00e9es au secteur du charbon, pour une puissance totale install\u00e9e d\u2019environ 66 000 MW, soit plus que l\u2019ensemble des r\u00e9acteurs nucl\u00e9aires fran\u00e7ais en service.<\/li>\n<li style=\"text-align: justify;\">Des majors p\u00e9troli\u00e8res et gazi\u00e8res, dont Shell et Total, qui pr\u00e9voient d&rsquo;accro\u00eetre leurs productions de 38 et 12% de 2018 \u00e0 2030, figurent dans la liste des titres achet\u00e9s au titre du CSPP et PEPP. Shell pr\u00e9voit m\u00eame d\u2019exploiter des r\u00e9serves de p\u00e9trole et gaz de schiste atteignant 12 fois sa production actuelle dans le domaine.<\/li>\n<\/ul>\n<p style=\"text-align: center;\">\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-2 fusion-animated\" data-animationType=\"fadeInLeft\" data-animationDuration=\"0.3\" data-animationOffset=\"top-into-view\"><p><img decoding=\"async\" class=\"aligncenter size-medium wp-image-3336\" src=\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2020\/05\/quantitative-easing-climat-BCE-banque-centrale-europe\u0301enne-211x300.png\" alt=\"\" width=\"211\" height=\"300\" srcset=\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2020\/05\/quantitative-easing-climat-BCE-banque-centrale-europe\u0301enne-200x284.png 200w, https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2020\/05\/quantitative-easing-climat-BCE-banque-centrale-europe\u0301enne-211x300.png 211w, https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2020\/05\/quantitative-easing-climat-BCE-banque-centrale-europe\u0301enne.png 395w\" sizes=\"(max-width: 211px) 100vw, 211px\" \/><\/p>\n<p style=\"text-align: center;\"><em><a href=\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2020\/05\/Rapport-Quantitative-easing-le-sale-secret-de-la-BCE-RF.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">T\u00e9l\u00e9charger le rapport<br \/>\nQuantitative &amp; climat : le sale secret de la BCE<\/a><\/em><\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-3 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-3\"><p>M\u00e9thodologie du rapport : l<span style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); font-weight: var(--body_typography-font-weight); letter-spacing: var(--body_typography-letter-spacing);\">es donn\u00e9es analys\u00e9es proviennent de la Banque Centrale Europ\u00e9enne et <\/span><span style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); font-weight: var(--body_typography-font-weight); letter-spacing: var(--body_typography-letter-spacing);\">concernent les actifs d\u2019entreprises d\u00e9tenus au titre du Corporate Sector Purchase <\/span><span style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); font-weight: var(--body_typography-font-weight); letter-spacing: var(--body_typography-letter-spacing);\">Program (CSPP) et du Pandemic Emergency Purchase Program (PEPP) au 17 avril <\/span><span style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); font-weight: var(--body_typography-font-weight); letter-spacing: var(--body_typography-letter-spacing);\">2020. <\/span><span style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); font-weight: var(--body_typography-font-weight); letter-spacing: var(--body_typography-letter-spacing);\">Elles ont \u00e9t\u00e9 recoup\u00e9es avec les donn\u00e9es de la <a href=\"https:\/\/coalexit.org\/\" target=\"_blank\" rel=\"noopener noreferrer\"><u>Global Coal Exit List<\/u><\/a>, du <\/span><a style=\"font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); font-weight: var(--body_typography-font-weight); letter-spacing: var(--body_typography-letter-spacing);\" href=\"https:\/\/endcoal.org\/global-coal-plant-tracker\/\"><u><span style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); font-weight: var(--body_typography-font-weight); letter-spacing: var(--body_typography-letter-spacing);\">Global Coal <\/span><span style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); font-weight: var(--body_typography-font-weight); letter-spacing: var(--body_typography-letter-spacing);\">Plant Tracker <\/span><\/u><\/a><span style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); font-weight: var(--body_typography-font-weight); letter-spacing: var(--body_typography-letter-spacing);\">et de Rystad Energy &#8211; fournies par l\u2019ONG Oil Change International &#8211; <\/span><span style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); font-weight: var(--body_typography-font-weight); letter-spacing: var(--body_typography-letter-spacing);\">et compl\u00e9t\u00e9es par des recherches sur les entreprises li\u00e9es au secteur du charbon, <\/span><span style=\"color: var(--body_typography-color); font-family: var(--body_typography-font-family); font-size: var(--body_typography-font-size); font-style: var(--body_typography-font-style,normal); font-weight: var(--body_typography-font-weight); letter-spacing: var(--body_typography-letter-spacing);\">du p\u00e9trole et du gaz.<\/span><\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-4 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-3 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-padding-top:10px;--awb-padding-right:10px;--awb-padding-left:10px;--awb-overflow:hidden;--awb-bg-size:cover;--awb-border-color:#ffffff;--awb-border-top:1px;--awb-border-right:1px;--awb-border-bottom:1px;--awb-border-left:1px;--awb-border-style:solid;--awb-border-radius:10px 10px 10px 10px;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-4\"><p><strong>Aller plus loin:<\/strong><\/p>\n<ul>\n<li>Lire le communiqu\u00e9 de presse de Reclaim Finance <u><a title=\"\" href=\"https:\/\/reclaimfinance.org\/site\/2020\/05\/18\/quantitative-easing-et-climat-le-sale-secret-de-la-banque-centrale-europeenne\/\" target=\"_blank\" rel=\"noopener noreferrer\">Quantitative easing et climat : le sale secret de la BCE<\/a><\/u> &#8211; 18\/05\/20<\/li>\n<\/ul>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-5 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-4 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-sharing-box fusion-sharing-box-1 boxed-icons has-taglines layout-floated layout-medium-floated layout-small-floated\" style=\"background-color:#333647;--awb-layout:row;--awb-alignment-small:space-between;\" data-title=\"Les banques et investisseurs fran\u00e7ais \u00e9pingl\u00e9s pour leurs soutiens aux p\u00e9trole et gaz de schiste\" data-description=\"En mai 2020, Reclaim Finance publie un rapport r\u00e9v\u00e9lant la forte exposition du Quantitative Easing de la BCE aux \u00e9nergies fossiles. Sur une \u00e9tude de la liste des actifs d\u00e9tenus par la BCE\" data-link=\"https:\/\/reclaimfinance.org\/site\/2020\/05\/13\/en-plein-krach-petrolier-les-banques-et-investisseurs-francais-epingles-pour-leurs-soutiens-aux-petrole-et-gaz-de-schiste\/\"><div class=\"fusion-social-networks sharingbox-shortcode-icon-wrapper sharingbox-shortcode-icon-wrapper-1 boxed-icons\"><span><a href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Freclaimfinance.org%2Fsite%2F2020%2F05%2F13%2Fen-plein-krach-petrolier-les-banques-et-investisseurs-francais-epingles-pour-leurs-soutiens-aux-petrole-et-gaz-de-schiste%2F&amp;t=Les%20banques%20et%20investisseurs%20fran%C3%A7ais%20%C3%A9pingl%C3%A9s%20pour%20leurs%20soutiens%20aux%20p%C3%A9trole%20et%20gaz%20de%20schiste\" target=\"_blank\" rel=\"noreferrer\" title=\"Facebook\" aria-label=\"Facebook\" data-placement=\"top\" data-toggle=\"tooltip\" data-title=\"Facebook\"><i class=\"fusion-social-network-icon fusion-tooltip fusion-facebook awb-icon-facebook\" style=\"color:#ffffff;background-color:#8ac56b;border-color:#8ac56b;border-radius:50%;\" aria-hidden=\"true\"><\/i><\/a><\/span><span><a href=\"https:\/\/twitter.com\/share?text=Les%20banques%20et%20investisseurs%20fran%C3%A7ais%20%C3%A9pingl%C3%A9s%20pour%20leurs%20soutiens%20aux%20p%C3%A9trole%20et%20gaz%20de%20schiste&amp;url=https%3A%2F%2Freclaimfinance.org%2Fsite%2F2020%2F05%2F13%2Fen-plein-krach-petrolier-les-banques-et-investisseurs-francais-epingles-pour-leurs-soutiens-aux-petrole-et-gaz-de-schiste%2F\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"X\" aria-label=\"X\" data-placement=\"top\" data-toggle=\"tooltip\" data-title=\"X\"><i class=\"fusion-social-network-icon fusion-tooltip fusion-twitter awb-icon-twitter\" style=\"color:#ffffff;background-color:#8ac56b;border-color:#8ac56b;border-radius:50%;\" aria-hidden=\"true\"><\/i><\/a><\/span><span><a href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&amp;url=https%3A%2F%2Freclaimfinance.org%2Fsite%2F2020%2F05%2F13%2Fen-plein-krach-petrolier-les-banques-et-investisseurs-francais-epingles-pour-leurs-soutiens-aux-petrole-et-gaz-de-schiste%2F&amp;title=Les%20banques%20et%20investisseurs%20fran%C3%A7ais%20%C3%A9pingl%C3%A9s%20pour%20leurs%20soutiens%20aux%20p%C3%A9trole%20et%20gaz%20de%20schiste&amp;summary=En%20mai%202020%2C%20Reclaim%20Finance%20publie%20un%20rapport%20r%C3%A9v%C3%A9lant%20la%20forte%20exposition%20du%20Quantitative%20Easing%20de%20la%20BCE%20aux%20%C3%A9nergies%20fossiles.%20Sur%20une%20%C3%A9tude%20de%20la%20liste%20des%20actifs%20d%C3%A9tenus%20par%20la%20BCE\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"LinkedIn\" aria-label=\"LinkedIn\" data-placement=\"top\" data-toggle=\"tooltip\" data-title=\"LinkedIn\"><i class=\"fusion-social-network-icon fusion-tooltip fusion-linkedin awb-icon-linkedin\" style=\"color:#ffffff;background-color:#8ac56b;border-color:#8ac56b;border-radius:50%;\" aria-hidden=\"true\"><\/i><\/a><\/span><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":28,"featured_media":26335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,38],"tags":[42],"acteurs_financiers":[2403],"thematique":[2500],"webinar_type":[],"programme":[],"class_list":["post-3259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rapport","category-secondaire","tag-bce","acteurs_financiers-regulateurs-fr","thematique-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Quantitative easing &amp; 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