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These are the world s largest banks that are increasing and decreasing their fossil fuel financing CNBC 1 hr ago © Provided by CNBC An oil rig and wind farm in Texas. But that number is not the full story: Some banks have been increasing their business with fossil fuel companies while others have been decreasing during that time. What s clear is the power banks wield in affecting climate change. Getting lenders to choke off money to fossil fuel companies is the next needed move for the industry to address the material risks that the coal, oil and gas industry faces, says Leslie Samuelrich, president at investment advisory firm Green Century Capital Management.

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