Biggest Banks Fueling Climate Disaster With Billions Poured Into 'Extreme Fossil Fuels'

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Published by Anonymous (not verified) on Thu, 22/06/2017 - 5:52am

Andrea Germanos, staff writer

Threatening a climate-stable planet, the world's biggest banks are continuing business-as-usual by continuing to provide funding for "extreme fossil fuels."

So finds the latest Fossil Fuel Finance Report Card—produced by Rainforest Action Network, BankTrack, Sierra Club, and Oil Change International—which defines the "extreme" sources as tar sands, Arctic oil, ultra-deepwater oil, coal mining, coal power, and liquefied natural gas (LNG) exports.