Global banks pledged to cut emissions - but still invest billions on US gas exports

Many banks promised to work toward net-zero emissions - but their targets explicitly exempt liquefied natural gas projectsAmerica's massive gas export boom is about to get bigger. By the end of the decade, the Gulf coast could see as many as 12 new liquefied natural gas terminals (LNG) built along its shores.This expansion would triple the amount of gas the US currently exports to be burned around the world, adding more than 200 coal plants worth of greenhouse gas emissions each year, according to one estimate. Continue reading...