Banks are urged not to finance coal power

A new front in the fight to slow down global warming follows trails of money, not wisps of polluting chemicals, straight to the doorsteps of banks.

A coalition of environmental groups is demanding that banks reject loan requests for projects that emit high rates of greenhouse gases, which contribute to global warming. The groups say they have won commitments from more than a dozen banks in the last few weeks to turn away from supporting coal-fired electric plants.
International Herald Tribune