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Photo by Max Fray on Unsplash

Bank of America pledged to stop financing coal. Now it's backtracking

The changes come as Republican lawmakers step up efforts to punish businesses that consider climate change and the environment in their operations.
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Older Americans protest against ‘dirty banks’ funding oil and gas projects

Hundreds of older Americans gathered in Washington on Tuesday to protest against four of the country’s largest financial institutions, cutting up their credit cards in an act of defiance meant to condemn the banks’ funding of oil and gas projects.

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Investment in mining 'needs to nearly double' to achieve net zero, BofA says

Current levels of metals needed to decarbonize economies won't be sufficient to reach climate targets, a recent Bank of America note cautioned, and investment in mining needs to double by 2050 in order to satisfy the growing demand for low carbon technologies.

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How lenders aim to profit from climate change

HSBC, Bank of the West and Fannie Mae are among those offering green mortgage bonds, financing commercial clients’ efforts to rein in carbon emissions and developing other novel products that help customers tackle environmental challenges.
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Big businesses face pressure to avoid investing in areas Trump wants to develop
www.washingtonpost.com

Big businesses face pressure to avoid investing in areas Trump wants to develop

Democrats asked 11 banks not to finance Arctic development.
Yearwood and McKibben: Want to do something about climate change? Follow the money
www.nytimes.com

Yearwood and McKibben: Want to do something about climate change? Follow the money

Chase Bank, Wells Fargo, Citibank and Bank of America are the worst offenders.
Wall Street shouldn't help huge Saudi oil company go public, green groups say
www.washingtonpost.com

Wall Street shouldn't help huge Saudi oil company go public, green groups say

Bank of America, Citigroup, Goldman Sachs are getting an earful.
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