Barclays says it will no longer make controversial energy investments, including in Arctic oil
The bank’s decision follows a previous warning to investors of the economic and public perception risks associated with certain types of energy investments.
January 15, 2019
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Self-imposed restrictions on investment in fossil fuels will likely see Barclays, a U.K.-based bank, refuse to finance new oil and gas drilling in the Arctic, including in Alaska’s Arctic National Wildlife Refuge.
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