"April and Emily - working the induction Range" by VIUDeepBay is licensed under CC BY 2.0.

Why Won’t More Banks Lend Money To Homeowners To Fund Clean Energy Projects?

Traditional regional banks tend to be skeptical about clean energy projects, which are framed as risky investments that may not yield solid returns. As a result, many banks have little experience with loans for clean energy or efficiency measures. Larger banks with more resources also resist homeowner and small business … [continued]

Top Banker For Fossil Fuel Companies Has Low Price Target On Tesla [TSLA]

According to a report in The Guardian, the top banker for fossil fuel companies is JPMorgan Chase. In fact, in the past few years it has provided $22.8 billion more in financing than #2 Citi for oil, gas, and coal companies — $75.6 billion versus $53.8 billion. As one Tesla fan noted, JP Morgan’s Tesla analyst, Ryan Brinkman, has a very low price target in place for Tesla [TSLA] and an “underweight” rating.