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Channel: Utility trends – Institute for Energy Economics & Financial Analysis
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International Banks Continue to Coal Projects, Contrary to Policy Commitments

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Financial Times: Between January 2014 and September 2017 international banks channeled $630bn to the top 120 companies planning to build new coal plants around the world. The researchers highlighted Beijing-based Industrial and Commercial Bank of China as the biggest underwriter for bond and share issues of coal plant developers, providing more than $33bn over that […]

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