EMEA > Europe > Analysis suggests Barclays continues to fund US coal power operators

Analysis suggests Barclays continues to fund US coal power operators

Published 13:52 on August 5, 2024 / Last updated at 13:52 on August 5, 2024 / / Americas (US & Canada), EMEA (Europe), Net Zero Transition (Power/Electrification), Voluntary (VCM Developments)

Carbon Pulse PremiumNet Zero Pulse

Barclays bank helped raise $1.7 billion for companies operating coal-fired power plants in the US, apparently exceeding its its commitment to stop financing companies that make more than half their revenue from coal, according to new analysis.
Barclays bank helped raise $1.7 billion for companies operating coal-fired power plants in the US, apparently exceeding its its commitment to stop financing companies that make more than half their revenue from coal, according to new analysis.


A subscription is required to read this content. Subscribe today to Carbon Pulse Premium or Net Zero Pulse to access our unrivalled news and intelligence, as well as other content including all job listings. Click here for details.

We offer a FREE TRIAL to each of our subscription services and it only takes a minute to register. If you already have a Carbon Pulse account, login here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.