Bill would force banks to consider climate for Big Oil loans
Bill would force banks to consider climate for Big Oil loans By Avery Ellfeldt, E&E News reporter | 07/13/2021 3:27 PM GMT (Left to right) House Financial Services Subcommittee on Consumer Protection and Financial Institutions ranking member Blaine Luetkemeyer (R-Mo.) and Chair Ed Perlmutter (D-Colo.) during a hearing yesterday. Francis Chung/E&E News A new Democratic proposal would prod banks to address climate risks by disincentivizing them from providing loans, bonds and other financial services to fossil fuel businesses. Fill out the form to read the full article. By signing up, you a...