Monday, December 23
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Every Major Bank Has Now Ruled Out Funding Arctic Drilling

by admin

Every Major Bank Has Now Ruled Out Funding Arctic Drilling

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We got another one. On Monday evening, Bank of America said that it will no longer finance fossil fuel exploration in the Arctic, joining Goldman Sachs, Morgan Stanley, Chase, Wells Fargo, and CitiBank, which all announced similar policies this year. That means no major U.S. bank will fund oil and gas production in…

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