The European Investment Bank has balked at a proposal to halt new investments in fossil fuels, raising concerns that Germany and other nations are plotting to water down what would be one of the financial sector’s most ambitious climate moves.
So, EU countries own the largest bank in the world. EU Gov. sets climate agenda for renewables. EU bank sets policy in line with EU Gov. Sounds like a one way bet for the largest bank in the world since we all need energy.
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