Major European Banks Are Backing Away From The Oilsands. Will Others Follow?


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Major European Banks Are Backing Away From The Oilsands. Will Others Follow?Bloomberg via Getty Images The Syncrude Canada Ltd. oilsands upgrading plant north of Fort McMurray, Alta., Thurs. June 4, 2015. The decision by Europe’s largest bank, HSBC, to halt funding for new projects in the oilsands has some wondering if other financial institutions, including U.S. banks and pension funds, […]


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