#Sludge Report — Who Is Funding The Fossil Fuel Industry?
Banks have provided trillions of dollars in financing for fossil fuel projects in recent years. Those investments endanger us all.
Bank of America
Bank Of America Commits $300 Billion To Low-Carbon Business Activities
The Bank of America announced last week that it was committing a further $300 billion in capital by 2030 to low-carbon & sustainable business activities as part of its Environmental Business Initiative, its third such commitment which brings the bank’s total investments up to $445 billion since 2007.
Banks Funneled $1.9 Trillion Into Fossil Fuels Since Paris Agreement
A new report published this week shows that 33 global banks provided $1.9 trillion to fossil fuel companies since the adoption of the Paris Climate Agreement at the end of 2015 and that the amount of fossil fuel financing has increased in each of the past two years.
Trump Tax On Solar — About More Than You Think
You might think the new solar tariffs are about Suniva and SolarWorld Americas, but there’s a lot more going on in the background than meets the eye.
Bank Of America Environmental Financing Efforts Reaped 40,000 Jobs & $30 Billion Economic Output
A new analysis of the Bank of America’s environmental financing has found that over a four-year period said financing supported an annual average of 40,000 jobs, realized a cumulative $30 billion in economic output, and contributed a cumulative $14.8 billion to GDP.
Could Bank Of America Be On The Verge Of Bailing Out SunEdison?
Court documents filed in the SunEdison bankruptcy case have shed light on a possible way out for the one-time darling … [continued]
Apple, Bank Of America, Hewlett Packard Amidst New RE100 Members
The Climate Group has announced a number of new companies to recently become members of its flagship corporate renewable energy … [continued]
SolarCity Closes Two Separate Financing Agreements Totaling $338 Million
SolarCity, the leading residential solar provider in the US, has announced two separate rounds of financing which together total $338 … [continued]
SunEdison Creates $1 Billion Warehouse Investment Vehicle
Originally published on Solar Love. SunEdison has announced that they will form a new $1 billion warehouse investment vehicle that … [continued]
Money Talks: New Climate Pledge Enlists 13 US Businesses Worth $2.5 Trillion
The American Business Act on Climate Pledge rallies Coca-Cola, Google, Walmart, and 10 other US business powerhouses for President Obama’s climate policy.
