BNP to cut links with shale and tar sands groups
PARIS (UPI/Financial Times) -- Paris-based global banker BNP Paribas announced Wednesday it would no longer do business with companies whose primary activity involves oil and gas extracted from shale deposits, tar sands or Arctic campaigns in one of the most aggressive steps so far by an international bank to reduce exposure to fossil fuels. The lender and largest banking firm in France offered a long list of projects it would no longer finance, ranging from an end to the support for projects involved […]
