Stories
Slash Boxes
Comments

SoylentNews is people

Deutsche Bank to Stop Financing Coal

posted by Fnord666 on Saturday February 04 2017, @12:42AM   Printer-friendly
from the rolling-coal dept.

Phoenix666 writes:

Remember when Bank of America promised to stop financing coal mining? They weren't the only ones getting cold feet about this formerly dominant energy source. Now The Guardian is reporting that Deutsche Bank is committing to end financing of new coal mining and new coal-fired power plant construction.

This pledge is being made, says the bank, to back up its commitment to supporting the Paris Climate Deal. But it is also, most likely, a very prudent investment decision. With India phasing out new coal plant construction years earlier than recommended, China reducing its pipeline too, and huge utilities and whole countries alike saying they are pretty much done with coal, it's getting increasingly hard to see where the future for this industry lies.

It seems the age of fossil fuels may be drawing to a close.

Original Submission

 
This discussion has been archived. No new comments can be posted.
Deutsche Bank to Stop Financing Coal | Log In/Create an Account | Top | 38 comments | Search Discussion
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.

  • (Score: 2) by Azuma Hazuki on Saturday February 04 2017, @06:39AM

    by Azuma Hazuki (5086) on Saturday February 04 2017, @06:39AM (#462778) Journal

    Because, Sir Hobbitsfoot, J-Mo is beyond salvation. He is not rational. As insane as Runaway is, he's at least prone to occasional moments of lucidity. J-Mo, however, is beyond any help that can be afforded him on this plane of existence. There is nothing left to do but mock him.

    --
    I am "that girl" your mother warned you about...
    Starting Score:    1  point
    Karma-Bonus Modifier   +1  
    Total Score:   2  

  • (Score: 2) by Hairyfeet on Sunday February 05 2017, @01:24AM

    by Hairyfeet (75) <bassbeast1968NO@SPAMgmail.com> on Sunday February 05 2017, @01:24AM (#462986) Journal

    So the answer is no, all you can do is throw insults and act like an ass. Again how very left wing of you.

    --
    ACs are never seen so don't bother. Always ready to show SJWs for the racists they are.

    • (Score: 2) by Azuma Hazuki on Sunday February 05 2017, @11:07AM

      by Azuma Hazuki (5086) on Sunday February 05 2017, @11:07AM (#463081) Journal

      Oh cry harder, you brainwashed moron. I tried months ago to reason with people like that here and it never got anywhere, so my policy is to subject them to the ridicule they so richly deserve. Hint: you're in this same category.

      --
      I am "that girl" your mother warned you about...

      • (Score: 1, Troll) by Hairyfeet on Monday February 06 2017, @04:53AM

        by Hairyfeet (75) <bassbeast1968NO@SPAMgmail.com> on Monday February 06 2017, @04:53AM (#463310) Journal

        And yet again instead of showing you have an actual position you just throw insults and act like a little whiny bitch. Whats the matter, did he or I trigger you? Do you need a safe space?

        Well here is you go [bit.ly], enjoy.

        --
        ACs are never seen so don't bother. Always ready to show SJWs for the racists they are.

        • (Score: 3, Informative) by Azuma Hazuki on Monday February 06 2017, @05:19AM

          by Azuma Hazuki (5086) on Monday February 06 2017, @05:19AM (#463317) Journal

          You're trying too hard. Go sit in the Dork...er, Dark Enlightenment corner with all the other edgy edgetards who think they invented being an asshole.

          --
          I am "that girl" your mother warned you about...