JP Morgan to withdraw support for some fossil fuels

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The world's largest fossil fuels financier sets out plan to end financing of Arctic oil drilling and coal mining. The pledge follows bank's economist warning that "the climate crisis threatenes the survival of humanity". Critics point out that the bank's green pledges are dwarfed by its $75bn suppport of shale fracking and Arctic exploration since the 2015 Paris climate agreement.

The Guardian, Jillian Ambrose, 25th January 2020