What does banking the coals mean

Credit Suisse makes no climate positive policy moves. HSBC faces call to end all new coal power financing. Every two weeks a bank, insurer or lender announces new coal restrictions Major financial institutions restricting coal funding tops The end of coal — Germany needs to get real on ambition.

China firms funding coal plants offshore as domestic curbs bite: study. Banks should recognise the risks of climate change. Westpac makes no apology for continuing to back dirty coal. COP New research reveals the banks and investors financing the expansion of the global coal plant fleet Japanese banks top lenders, Chinese banks top underwriters; US companies biggest institutional investors in the coal plant pipeline.

New report: Three years after the Paris climate summit, French banks are financing more coal. HSBC accused of hypocrisy for coal finance ban that excludes countries most vulnerable to climate change. Singapore banks need to warm up to renewable energy financing. Over , MW of new coal threatens 1. Standard Chartered to stop financing new coal power plants.

One step beyond coal - New policy move from Standard Chartered welcomed. The power of finance to slow new coal plants. New coal report finds troubling loopholes in existing bank policies Analysis shows broad compliance with credit exposure reduction commitments — but six biggest US banks still increased coal financing In ING stops financing new coal power plant in Dominican Republic.

Coal turns up heat on Standard Chartered. Sumitomo Mitsui Trust Bank announces end of new coal power project financing Standard Chartered wants to fund dirty coal-fired power stations in Vietnam. Powering past coal? Top UK banks are passing the buck. Sumitomo Mitsui signals it may curb coal-fired power financing. Nedbank is moving on coal power, but two plants are stuck on its radar The South African bank is the first from the Global South to move out of new coal plants, but is still backing Thabametsi and Khanyisa.

Danske Invest makes huge expansion in exclusion efforts. Out of sync with climate reality — the coal mine and coal plant dreams of Poland's two dirty utilities. Singaporean banks blowing smoke on climate. Montenegro scraps deal with Skoda Praha for a new coal power plant.

One Planet Summit: A round up of new fossil fuel policy announcements. Investing in a Green Belt and Road? Banks and investors jeopardising the Paris climate goals Multi-billion dollar support for top coal plant developers. New Briefing Paper: How banks contribute to human rights violations. Chinese banks rule out Carmichael coal mine! It's time for impact divesting: the Global Coal Exit List for the finance industry is launched.

Coal — the killer investment without a future. Operation Car Wash and a coal plant in the Dominican Republic — anti-corruption protestors are not giving up. BankTrack has signed the Lofoten Declaration Countries must tackle fossil fuel production to meet climate goals - Hundreds of global organisations demand supply-side action. Punta Catalina — the coal plant project that keeps on giving … a headache to European banks. Chinese investors compete for Bosnian coal projects. Top global banks still lend billions to extract fossil fuels.

Campaigners to call for Deutsche Bank exit from Dominican coal plant at annual meeting - Deutsche is leading financial consortium for coal-fired power plant in Dominican Republic - Massive bribery allegations against plant construction company Odebrecht. Norway Wealth Fund drops Bharat Heavy on environmental risk.

Greenpeace: Rampal plant could cause 6, early deaths. Banks risk breach of sustainability standards over Indonesian coal plant finance New report from BankTrack and Greenpeace.

Japanese and Singaporean banks step in to finance Indonesian coal plant in face of opposition from communities and environmentalists After French banks ditch project, BankTrack, Friends of the Earth Japan and Coal Roadshow: JPMorgan Chase propping up new coal plant in Poland Less than one year after committing not to finance new coal power in the developed world, JPMorgan Chase uses policy loophole to finance company planning new coal capacity in Poland.

Investors urged to catalyse climate-credible business models in the banking sector ShareAction releases report Banking on a Low Carbon Future. Deutsche Bank pulls out of coal projects to meet Paris climate pledge The biggest bank in Germany says all new investment will stop and existing exposure will be gradually reduced. Deutsche to stop financing for new coal projects. Deutsche Bank puts first restrictions on coal finance, but still has long way to go.

Dominicans on the march against Punta Catalina kickbacks, and want financiers out of the coal plant project. Odebrecht corruption in Dominican Republic — Five European banks urged to pull out of dirty coal plant financing. Punta Catalina Commission to subpoena top officials. Rampal financing still in the balance as double standards mount. HSBC dusts down its mining policy, but leaves room for more coal financing. Banks' climate change talk not yet matched by action.

COP The pressure is growing on banks financing coal expansion in Indonesia. Financing of coal industry expansion by top banks undermining Paris Agreement.

UN urges Bangladesh to scrap coal plant near world's largest mangrove. New polling shows half of customers prepared to change banks over fossil fuels — as prominent Australians demand climate action. The latest Rampal scandal — essential coal plant infrastructure is tapping green bond cash. Coal: French banks on different tracks one year on from COP AGM season round-up: momentum on coal sadly lacking, mostly.

Game over for Plomin C — another dodgy coal deal bites the dust! BankTrack condemns Japanese and Singapore bank financing of Batang coal project in Indonesia as reckless to people and climate.

European banks warned over raid on pension funds to finance disputed coal plant in Dominican Republic. Deutsche Bank blacklists mountaintop removal companies. RBS pulls back fossil fuel investments as green deals grow. Sierra Club, Greenpeace and CoalSwarm. As coals future grows murkier banks pull financing.

Long March to save the Sundarbans — rising tide of Rampal coal plant opposition targets potential financial backers.

JP Morgan Chase cuts coal financing, joins majority of largest US investment banks Rainforest Action Network calls on banks to end financing for all coal mining and power.

JPMorgan to stop direct financing of new coal mines. Too little and too late — Latest UBS coal policy moves analysed. Bank financing of staggering Polish coal development plans continues to run deep. Indonesian banks ordered to stop all lending to coal-mining projects in East Kalimantan New Greenpeace Briefing details regulatory crackdown. Post-Paris, and the dodgy coal deals are already sprouting up in Morgan Stanley and Wells Fargo cut coal financing, join growing movement by banks in U.

Leading responsible banks pledge to quit coal as climate summit approaches Co-operative Bank and Triodos Bank bring Paris Pledge signatories to Natixis becomes second French bank to cut coal financing Paris climate conference sponsor BNP Paribas exposed as it fails to act on coal. ANZ climate change policy leaves open the door for real leadership. Citi promises to cut lending to coal miners.

Citigroup takes a step away from banking coal. Investment Alert on Coal India share offer Forthcoming share sale follows years of environmental and human rights controversy. Morgan Stanley pressured to drop coal financing Rainforest Action Network announces campaign as next major bank targeted since Bank of America coal milestone.

Standard Chartered quits controversial Carmichael coalmine in Queensland. Banks on Climate. French banks say no to Bangladesh coal plant. Indigenous Australians call on Standard Chartered not to fund coal mine project.

ING announces end to financing of major mountaintop removal coal miners. Bankrolling climate chaos: banks kept coal on life support in Sixth annual coal finance report card finds global banks pumped billions into coal finance in , despite warning signs of coal's systemic decline.

Victory for the climate and environment: French banks pledge not to finance mega coal projects in Australia's Galilee Basin. Barclays cuts ties with mountaintop removal coal, says MTR will be "phased out" soon Barclays was the world's top lender to mountaintop removal coal firms prior to announcing new policy. RAN slams Citigroup over greenwashing Citigroup's new clean energy commitment fails to reduce fossil fuel exposure. Fossil fuel divestment campaign grows as protesters target UK banks.

Why Barclays must quit bankrolling coal industry. Hundreds publicly close bank accounts over fossil fuel investments. Climate activism's new frontier is targeting fossil fuel investors.

Australian banks face more pressure over support for coal projects. Protestors to target Lloyds AGM over coal investments. Doubts raised over financial viability of Galilee Basin coal mine proposal.

India unlikely to be able to afford Australian coal. Press release — The beginning of the end of imported coal in India: report exposes economic flaws. Big Four Australian banks lose customers over fossil fuel gamble. Customers switch banks in day of divestment. Bank accounts closed in fossil fuels protest. Forecaster says mining in Galilee won't go ahead.

New report shows top lenders to coal companies. Barclays and Citigroup Funded Worst of U. Coal Industry. Australian and French banks target of protests on both sides of the world for investing in Australian coal projects.

Could bankers save the great barrier reef? Goldman Sachs sacks coal terminal investment Coal sector loosing appeal to Wall Street investors. British banks among world's biggest lenders to coal industry, report finds. Grootbanken investeren fors in vervuilende energie. Email The Academy at poem-a-day poets. This poem is in the public domain. Distributed by King Features Syndicate. Home Blogs Opinion.

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