Thursday, March 12, 2015

Cutting off Capital to Mountain Top Removal

Long recognized as bad for the environment and bad for communities, mountain top removal coal mining is now being challenged by investors who are telling the banks that finance the activity to stop.  This engagement tactic has also been used with banks on other project finance activities through the Equator Principles.  

The big question is does cutting off the bank lines stop the activity?  

http://nyti.ms/1Ac6hrP