Australia's biggest banks pump billions into fossil fuels despite climate pledges
by Michael Slezak from on (#1557X)
Amid dire warnings for the future of coal, the lenders signed off on $5.5bn worth of deals for the sector in 2015, according to analysis by activist group
Australia's big four banks are continuing to finance fossil fuel projects despite embracing a 2C or better global warming target, according to figures from financial activists Market Forces.
Related: AGL boss: regardless of climate science, it's time to drop the 'emissions business'
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