Sep 092015
 
By Yann Louvel and Greig Aitken, BankTrack, 9 September 2015

We’ve just published the latest additions to our series of coal bank briefings, and it’s a triple whammy of information assessing the coal finance and associated policies of the UK’s three biggest banks: Barclays, HSBC and RBS.

The three also happen to be the UK’s top three coal banks, having coughed up a combined total of more than £30 billion for the most climate-damaging fossil fuel sector between 2005 and April 2014. The new briefings focus on each bank’s policy approach to coal mining and coal power finance, and describe a variety of legacy investments to the coal industry that are still looming large with damaging impacts for the environment, the climate and local communities. Continue reading »