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MONEY, BANKING and FINANCE
FINANCING ENERGY
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Massive role of commercial banks in financing fossil fuel energy.
• This is for the years 2014, 2015 and 2016.
• This group of banks provided around $100 trillion a year in energy financing.
• Banks from China top this league table.
• US Banks are also major actors in this sector
• Essentialy all the major banks are implicated.
• The major banks' investment in initiatives to combat climate change are puny !!!!!!!!!!!!
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