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May 28, 2018

New York Times: Think the Big Banks Have Abandoned Coal? Think Again

Starting three years ago, the largest American banks vowed to cut back on lending to the coal industry.

“The bank has a responsibility to help mitigate climate change by leveraging our scale and resources to accelerate the transition from a high-carbon to a low-carbon society,” Bank of America said in its coal policy in May 2015. (Read More)

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