While other European Union countries are setting near-term deadlines to sunset their nal coal mines and generating stations, the Polish government, in complete disregard of climate realities and economic common sense, is pushing ahead with a 1,000 megawatt coal- red power plant in the northeastern city of Ostrołeka.
The big six U.S. banks continue to finance coal mining — including a big spike in financing in 2017 — despite broadly complying with their policies to reduce credit exposure to the industry.
This ninth annual fossil fuel finance report card grades banks on their policy commitments regarding extreme fossil fuel financing and calculates their financing for these fuels from 2015 to 2017….
Tar sands occupy a unique place among these fuels due to its high extraction costs, difficulties in getting to market, huge reserves, greenhouse-gas intensity, major local environmental and Indigenous rights…
Large banks are driving climate change by pumping billions of dollars into carbon-intensive extreme fossil fuels and tropical deforestation, with significant hidden environmental, social and governance (ESG) risks.
Your bank is funding extreme fossil fuels. Tell it to stop. Download the Report