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Bank of America to reduce exposure to coal to help climate change efforts
2015-05-07 13:38:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: The Bank of America has confirmed that it will reduce its exposure to coal mining companies, noting that such investments are becoming increasingly risky and that the institution has a responsibility to help mitigate climate change. The statement was released at the banks annual shareholder meeting, with the new policy focussing on three elements reducing exposure to coal extraction firms, supporting carbon capture and storage technology, and adopting leading practices for managing environmental...
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Category:Electronics and Electrical