Finance
Bankers Are Still Standing Behind the Dirtiest Fossil Fuel
The amount of financing going to coal-related projects may be running at a rate that’s double last year’s pace.
Coal is unloaded from barges at a dock servicing the Wangting Power Plant in Wangting, China, on Sept. 30, 2021.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
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Granted it’s still early in 2022, but signs are emerging that the amount of financing going to coal-related projects is running at a rate that’s more than double last year’s pace.