oil projects in the Arctic

Caribous are seen at the Arctic National Wildlife Refuge in Alaska. (Credit: The Asahi Shimbun via Getty)

LONDON (CNN BUSINESS)

Goldman Sachs is first big US bank to rule out loans for Arctic drilling

Goldman Sachs is the first big US bank to say it won’t finance new oil projects in the Arctic. On Sunday, the bank announced a raft of changes to its environmental policies, including a pledge not to finance drilling in the Arctic. The restrictions also rule out projects in Alaska’s Arctic National Wildlife Refuge, which […]

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