Bill would force banks to consider climate for Big Oil loans

By Avery Ellfeldt, E&E News reporter | 07/13/2021 11:27 AM EDT

A new Democratic proposal would prod banks to address climate risks by disincentivizing them from providing loans, bonds and other […]

(Left to right) House Financial Services Subcommittee on Consumer Protection and Financial Institutions ranking member Blaine Luetkemeyer (R-Mo.) and Chair Ed Perlmutter (D-Colo.) during a hearing yesterday. Francis Chung/E&E News