Banks Funding the Dirtiest Form of Coal

Posted July 26, 2016 in The Understory

In Europe, attention on lignite coal, the dirtiest form of coal, is usually focused on Germany, the European Union’s largest economy where, in spite of one of the world’s most…

A Vulture Firm Picks at Appalachia’s Bones

Posted July 25, 2016 in The Understory

As the future of the U.S. coal mining industry darkens, one upstart vulture firm has snapped up several mines from distressed coal giants. Founded in 2010, Blackhawk Mining has rapidly…

Indonesia’s Bid for Coal Expansion

Posted July 12, 2016 in The Understory

Over the past decade, Indonesia has undergone a major coal mining boom. The country has now announced plans to secure a market for its own coal by significantly expanding domestic…

The Posterchild of Destructive Coal Power in South Asia

Posted July 12, 2016 in The Understory

The Sundarbans mangrove forest is a UNESCO World Heritage site shared by Bangladesh and India. A joint venture between the two countries’ national electricity providers is putting this precious biodiverse…

Over 150,000 Call On U.S. Export-Import Bank To Reject Coal

Posted June 28, 2016 in Press Releases

FOR IMMEDIATE RELEASE: Tuesday, June 28, 2016   Contact: Alison Kirsch, Rainforest Action Network, (203) 520-7184 or alison@ran.org Cindy Carr, Sierra Club, (202) 495-3034 or cindy.carr@sierraclub.org Kate Colwell, Friends of the…

Banker Blindness to Fossil Fuel Risk

Posted June 22, 2016 in The Understory

Guest Blog by Tom Sanzillo, IEEFA’s director of finance.   Institutions That Fail to Heed Market Warnings Are Likely to End Up With Far Worse Than Bad Grades From the Rainforest Action Network…

New Report Finds Banks Betting on Climate Change

Posted June 14, 2016 in Press Releases

For release, 6am CET/12am EST June 14, 2016   CONTACT:  Virali Modi-Parekh, Rainforest Action Network: +1 510 747 8476, virali@ran.org Yann Louvel, BankTrack: +33 688 907 868, yann@banktrack.org    New…