Antinuclear

Australian news, and some related international items

ANZ, Commonwealth Bank, Westpac and National Australia Bank, slash lending to coal miners

Big four banks slash lending to coal miners, The Age, Clancy Yeates, 25 July 17, Australia’s big banks have slammed the brakes on project finance lending to expand the coal industry since late 2015, but are still lending billions for other fossil fuel developments, environmental finance group Market Forces says.

ANZ and Commonwealth Bank, previously named as the largest lenders to fossil fuels, both signalled they were actively reducing loans to some carbon-intensive sectors including the coal industry,

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July 26, 2017 - Posted by | AUSTRALIA - NATIONAL, business

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