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Tag: america
Bank of America Backs Away From Funding Coal Mining
2015-05-08 15:51:00| Climate Ark Climate Change & Global Warming Newsfeed
Huffington Post: WASHINGTON -- Bank of America is cutting off its financing for coal extraction projects, the company announced at its shareholder meeting Wednesday. "With regard to coal, over the past several years, we have been gradually and consistently reducing our credit exposure to companies focused on coal mining," said Andrew Plepler, Bank of America's Corporate Social Responsibility executive, at the meeting. The new policy, he said, "reflects our decision to continue to reduce our credit exposure, over...
Tags: america
bank
funding
mining
Transformer Technology Supports Power Infrastructure Development in South America
2015-05-07 18:55:00| Transmission & Distribution World
ABB has won an order worth around $25 million from Colombias Interconexión Eléctrica S.A. E.S.P. (ISA) to deliver 54 shunt reactors. read more
Tags: power
technology
development
south
Coal investments are increasingly risky say Bank of America
2015-05-07 16:43:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Coal mining companies pose an increasingly risky investment, according to the Bank of America, which has said it will continue to reduce its financing of the sector. The dynamics around coal are shifting, said the banks new coal policy published on Wednesday, which cited pollution regulations, changes in economic conditions, increased competition from shale gas and renewable power. Analysts from the thinktank Carbon Tracker warned recently that the coal sector in the US had entered a structural...
Tags: america
bank
investments
increasingly
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...
Tags: change
america
bank
reduce
Delacon Appoints Regional Manager for North America
2015-05-07 02:00:00| ThePigSite - Industry News
NORTH AMERICA - To strengthen its operations in the US, Delacon has appointed Sonny Pusey as Regional Manager North America (USA, Canada).
Tags: north
america
manager
regional
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