Mmastodon WorldEU Politics first seen 12 h ago, last 8 h ago, peak #6
UK banks named Europe's biggest coal financiers, study finds
Original: "Study: UK banks emerge as Europe’s biggest coal financiers" # UK # UnitedKingdom # Europe # Finance # FossilFuels https
A new study finds UK banks have become Europe's largest financiers of coal, despite the country's climate commitments and the financial sector's net-zero pledges. The finding is drawing criticism from environmental campaigners, who argue the continued flow of finance to coal contradicts the UK's stated ambitions on phasing out fossil fuels. The report is expected to increase pressure on British banks to tighten their coal financing policies.
Why now: The findings clash with UK banks' climate pledges and the UK's net-zero commitments, making them politically sensitive.
UK banksEuropeediecoal industry
Rank over time, top of the chart is #1. 2 snapshots from 12 h ago to 8 h ago.
Evidence
- "Study: UK banks emerge as Europe’s biggest coal financiers" # UK # UnitedKingdom # Europe # Finance # FossilFuels https://www. edie.net/study-uk-banks-emerge -as-europes-biggest-coal-financiers/ · primonatura@mstdn.social · 3
API: https://socialmediatrends-api.osmike.com/v1/trends/976708