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Browsing the "fossil fuel investments" Tag

European Investment Bank Proposal Would End Funding Of Fossil Fuels

July 26th, 2019 | by Steve Hanley

A draft proposal circulating through the boardroom of the European Investment Bank recommends terminating all further investments in fossil fuels effective 1/1/2021. The bank currently provides about $3 billion a year in financing for the fossil fuel industry.

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