RBS pulls support for coal and Arctic oil

BusinessGreen staff
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 RBS has tightened its lending rules for fossil fuel industries
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RBS has tightened its lending rules for fossil fuel industries

Banking giant tightens investment rules in bid to become low-carbon leader

The Royal Bank of Scotland will no longer provide project financing for new coal-fired power stations, thermal coal mines, oil sands or Arctic oil projects, in an overhaul of its investment rules yesterday....

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