HSBC Plans to Close Asian Coal Plants to Curb Emissions – While Also Investing £80 Billion in Fossil Fuels

DeSmogBlog
By Adam BarnettAug 6, 2021, 12:16 pm865 ptsInterestingTop
Plans by HSBC to buy and close coal plants in Asia have been dubbed a “cynical” attempt to clean up the bank’s image before the COP26 climate conference by “one of the world’s top financiers of fossil fuels”. This week HSBC joined a scheme led by the Asian Development Bank (ADB) to buy coal-fired…

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