Goldman going Greta green? Wall St bank stops financing new Arctic oil projects ...News

Russia Today - News
Goldman going Greta green? Wall St bank stops financing new Arctic oil projects
source : Russia Today ( News ) () 71
Goldman Sachs will decline financing for new Arctic oil exploration and production and for new thermal coal mine development or strip mining in its updated environmental policy. According to the Wall Street giant’s revised policies, “We will decline any financing transaction that directly supports new upstream Arctic oil exploration or development. This includes but is not limited to the Arctic National Wildlife Refuge.” “For transactions directly financing new thermal coal mine development or any mountaintop removal mining, we will decline the opportunity,” the investment bank’s policies further read.     Goldman Sachs will also sit d

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