Comments on: Green finance datapoint of the day, BofA edition http://blogs.reuters.com/ben-walsh/2012/06/14/green-finance-datapoint-of-the-day-bofa-edition/ Sun, 26 Oct 2014 17:29:51 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: GMavros http://blogs.reuters.com/ben-walsh/2012/06/14/green-finance-datapoint-of-the-day-bofa-edition/#comment-201 Fri, 15 Jun 2012 18:25:33 +0000 http://blogs.reuters.com/ben-walsh/?p=698#comment-201 What a farce ! what else would you expect form our ‘socialized’ & corrupt banking system.

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By: KenG_CA http://blogs.reuters.com/ben-walsh/2012/06/14/green-finance-datapoint-of-the-day-bofa-edition/#comment-200 Fri, 15 Jun 2012 01:38:06 +0000 http://blogs.reuters.com/ben-walsh/?p=698#comment-200 Big deal. BofA is a major funder of dirty coal. While many banks have stopped financing coal projects, BofA continues to loan money for mines and power plants. This is marketing BS.

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By: gringcorp http://blogs.reuters.com/ben-walsh/2012/06/14/green-finance-datapoint-of-the-day-bofa-edition/#comment-199 Thu, 14 Jun 2012 20:30:18 +0000 http://blogs.reuters.com/ben-walsh/?p=698#comment-199 Nope, that’s really not the most depressing about these announcements. Every time you read about a US bank making this kind of commitment, a huge part of that commitment is going towards providing upfront financing to be repaid with federal tax credits that are used to encourage green energy. Not all of it mind, but a huge amount of these commitments goes towards reducing these banks’ tax bills. Cheers!

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