Tuesday, June 12, 2012 5:04:16 AM
Bank of America Pledges $50 Billion to Combat Climate Change
The bank's new initiative includes lending, equipment finance, capital markets and advisory activity and carbon finance, as well as advice and investment help.
Bank of America will focus on promoting energy efficiency; renewable energy, including wind, solar and hydropower; lower-carbon transportation like electric and hybrid vehicles; and water and waste treatment and disposal initiatives.
The company said it will work with third parties to assess the impact of its commitment on reducing greenhouse gas emissions and reaching other environmental goals.
http://ih.advfn.com/p.php?pid=nmona&article=52725951
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