It’s important to note that Citibank isn’t a white knight when - TopicsExpress



          

It’s important to note that Citibank isn’t a white knight when it comes to solving climate change. In fact, the bank is one of the top funders of coal projects worldwide, and Citibank touts its coal work on its website. As a climate hawk, I find this problematic. But as an owner of Citibank stock (I bought it because of the work it’s doing on efficiency), it concerns me as well. The risks associated with coal are so manifestly huge, especially given recent climate reports, that these investments smell a lot like future stranded assets to me. Despite this,
Posted on: Tue, 08 Apr 2014 15:42:13 +0000

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