Funding from big banks for “extreme” fossil fuels jumped by 11 per cent to $115bn (£81bn) in the first year of Donald Trump’s presidency, new research shows. (Read More)
Politico: Friends in high places
FRIENDS IN HIGH PLACES: EPA announced Tuesday that it had reached a cooperative research agreement with Israeli company Water-Gen, almost a year after Administrator Scott Pruitt met with the company…
Think Progress Banks ‘backslide’ into financing the world’s most carbon-intensive fossil fuel projects
In 2016, after the signing of the Paris climate agreement, there was a sharp decrease in bank financing for “extreme fossil fuels.” However, 2017 was a year of “backsliding” into…
The Guardian: Extreme’ fossil fuel investments have surged under Donald Trump, report reveals
Sharp rise globally in the dirtiest fossil fuel investments reverses progress made after the Paris agreement, with tar sands holdings more than doubling in Trump’s first year in office. (Read…
Which European banks do the most to stop climate change?
Leading European banks have taken steps to reduce their financing of “extreme” fossil fuels that contribute to global climate change, according to a new report. The report especially highlights the…
Bloomberg ‘Extreme’ Fossil-Fuel Lending Fell in 2017 — Except in Canada
A busy year of deal-making in Canada’s oil sands last year masked a global decline in bank financing of the fossil fuel projects environmentalists say have the worst impact on…
Huffington Post: Top Banks Pumped Billions More Into The Dirtiest Fossil Fuels Last Year
Some of the world’s biggest banks continue to lend money to support the dirtiest fossil fuels, despite global commitments to tackle climate change, according to a report published Wednesday, which…
‘Extreme’ fossil fuel investments have surged under Donald Trump, report reveals
Bank holdings in “extreme” fossil fuels skyrocketed globally to $115bn during Donald Trump’s first year as US president, with holdings in tar sands oil more than doubling, a new report has found….
Reuters: Guess joins retailers committing to fabrics that protect forests, locals
“U.S.-based Guess, the maker of designer jeans, accessories and other apparel, is the latest fashion company to adopt policies to keep its supply chain clean of products that endanger forests…
EU Reporter: Asia Pulp and Paper is playing a corporate shell game, and #rainforests are losing
“The actions of one of the world’s largest pulp and paper producers––Asia Pulp and Paper (APP)––have a huge impact on Indonesia’s forests, tropical peatlands and communities, and by extension, the…