Saturday 25 January 2020
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theguardian - 1 month ago

Goldman Sachs to stop financing new drilling for oil in the Arctic

US bank becomes the first to establish a no-go zone in the oil and gas sectorGoldman Sachs has ruled out future financing of oil drilling or exploration in the Arctic and said it would not invest in new thermal coal mines anywhere in the world.The new environmental policy, which was released by the US bank on Sunday, was praised by environmentalists, though many warned that it was only a first step. Continue reading...


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