Choking Oil and Gas Investments Will Only Exacerbate the Cost of an Energy Transition
Barclays the latest to pull out of O&G projects.
In a new report that was heralded as a win for climate activists, Barclays has announced it is pulling out of direct financing of oil and gas projects. This move follows similar actions taken by Bank of America, HSBC, BNP Paribas, Credit Agricole, and Societe Generale. More and more climate activist groups are working diligently to cut off access to cas…
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