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Despite issue from campaigners that banks are helping lock in local climate-harmful emissions, huge lenders in The us have faced political force to take care of the circulation of capital and many proceed to finance enlargement during the sector.

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"By turning out to be the initial of the five major United kingdom substantial Avenue banking institutions to prevent the direct funding of new gasoline, oil, and coal projects, Lloyds is making a transparent statement on the future of financing for fossil gasoline expansion."

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