Banks Set Investment Standards for Coal-Fired Power Plants
State Journal, The › August 24, 2009
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Summary
Citigroup Inc., J.P. Morgan Chase & Co. and Morgan Stanley said they created their Carbon Principles because they expect the government to cap greenhouse gas emissions - a move that will increase, by an unknown amount, the cost of generating electricity from fossil fuels.
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Banks Set Investment Standards for Coal-Fired Power Plants
Three of the world's largest banks released investment guidelines Feb. 4 that will make it harder for utilities to build conventional coal-fired power plants.
Citigroup Inc., J.P. Morgan Chase &am...See the full content of this document
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