Banks come under fire for mountain top removal ties

Posted by Washington Post: Juliet Eilperin on April 7th, 2011
Business Green: UBS, Citi, and PNC banks are the biggest financiers of mountaintop removal (MTR) mining in the USA's Appalachian mountain region, according to a new report issued this week. Only Credit Suisse came away unscathed in the report, which suggested that the controversial mining practice is incurring an increasing level of regulatory risk. The report, entitled Policy and Practice: 2011 Report Card on Banks and Mountaintop Renewal, was produced by the Rainforest Action Network. It evaluated the stated......

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