BofA to stop financing mountaintop coal removal
Bob Morris @ Dec 4th 2008 19:45 - Category: Unfiled Tags: coal
Bank of America, a lead financier of coal, announced that they will be phasing out financing for companies that practice mountaintop removal coal mining, a highly destructive and controversial method of coal extraction.
This is the direct result of a whole lot of work by Appalachian activists and groups like Rainforest Action Network, who will now be pressuring other banks to do the same
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UJ on 04 Dec 2008 at 8:24 pm #
I always like that this blog has the good news right along side with the bad. Keeps you from having an existential crisis just for bothering to keep up with the world.
Bob Morris on 05 Dec 2008 at 1:36 am #
Thanks! I try to mix it up. Lefties can get too gloomy and there’s some amazing stuff happening in the cleantech and renewables world .