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Here's What Big Banks Won't Say About Their Anti-Coal Pledges

2015-12-06 01:24:00| Climate Ark Climate Change & Global Warming Newsfeed

Huffington Post: One after another, the big banks have rolled out new policies that limit the business they can do with the coal industry. In the last six months alone, nine banks have announced coal-financing restrictions. They have a long way to go: Between 2009 and 2014, the world's largest banks provided $257 billion in financing to the coal industry, newly compiled data show. Look closely at the new coal policies, and you'll see the banks aren't rushing to change that. "The biggest banks in the U.S. and Europe...

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