Figures show bank cut investments by 70% in oil and gas firms in 2015 and doubled UK green energy loans to £1bn a year Royal Bank of Scotland has reduced its global lending to oil and gas companies and doubled its green energy loans in the UK to £1bn a year, according to new figures released to the Guardian. The move may indicate a change of direction for the bailed-out bank, which was until recently one of the world's biggest financiers of fossil fuels and has been repeatedly targeted by clim...
Figures show bank cut investments by 70% in oil and gas firms in 2015 and doubled UK green energy loans to £1bn a year Royal Bank of Scotland has reduced its global lending to oil and gas companies and doubled its green energy loans in the UK to £1bn a year, according to new figures released to the Guardian. The move may indicate a change of direction for the bailed-out bank, which was until recently one of the world's biggest financiers of fossil fuels and has been repeatedly targeted by clim...
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