Financing for extreme fossil fuels, like tar sands, swelled in 2017, according to a new report from multiple environmental organizations. They tracked 36 of the largest banks in the world to discover they poured $115 billion into these polluting projects, up 11 percent from 2016, according to the Rainforest Action Network (RAN). The Independent said this increase reversed progress made after world leaders signed the Paris Agreement in 2016 on slashing investments in carbon-intensive fossil fuels. ...
from Inhabitat - Green Design, Innovation, Architecture, Green Building https://inhabitat.com/extreme-fossil-fuel-financing-has-surged-to-115bn-under-trump
via Inhabitat
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