Clean Technica Climate change

U.S. Banks Slash Fossil Fuel Financing As Market Forces Outweigh Politics

7 min read

Wall Street’s six largest banks have cut their financing to oil, gas and coal projects by 25% year-on-year through August 1, 2025. In dollar terms, that means about $73 billion this year versus roughly $97 billion in the same period in 2024. The pullback is uneven. Morgan Stanley reduced its … [continued]

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