Report Finds Top Banks Moving Away From Investment in Coal
Rainforest Action Network (RAN), Sierra Club and BankTrack released the fifth annual coal finance report card, Extreme Investments, Extreme Consequences, last week that tracks the financiers of the worst-of-worst coal companies. The report shows that even as high-profile bankruptcies and costly environmental cleanup settlements illustrate the growing risks involved with lending to coal companies, U.S. banks provided $31 […]