the coal project
Deutsche Bank pulls out of coal projects to meet Paris climate pledge
The biggest bank in Germany says all new investment will stop and existing exposure will be gradually reduced


Deutsche Bank, the biggest bank in Germany, has said it will stop financing coal projects as part of its commitments under the Paris agreement to tackle global warming.

“Deutsche Bank and its subsidiaries will not grant new financing for greenfield thermal coal mining and new coal-fired power plant construction,” it said in a statement.

Existing exposure to such projects will be gradually reduced, it added.
Trump Promises to Cut Funding to Climate Change Programs in First 100 Days
In Gettysburg this weekend, Trump unveiled his agenda for first 100 days in office.

Donald Trump promised he would immediately redistribute funds earmarked for UN climate change programs and channel them to domestic projects. In a speech in Gettysburg, Trump said during his first 100 days in office, he would also lift restrictions on energy production, including oil, natural gas and “clean coal,” and greenlight projects such as the Keystone XL Pipeline.


150227 Coal Wreath for Jung YongHwa One Find Day 1st Concert at AX Hall, Seoul is happy to have been able to be part of this awesome Coal Wreath project organized by CNBYonghwa for today’s Jung Yonghwa 1st Solo Concert in Seoul. All the other fanclubs/websites (and CNBLUE.CL) collected 800 pcs of coal.

cr photos: CNBYonghwa