Center for International Environmental Law: Major Banks Backing Risky U.S. Petrochemical Expansion Despite Mounting Legal and Financial Warnings
March 24, 2026
March 24, 2026
WASHINGTON, March 24 (TNSrep) -- The Center for International Environmental Law issued the following news:
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Major Banks Backing Risky US Petrochemical Expansion Despite Mounting Legal and Financial Warnings
Major US and global banks have provided US $133 billion in financing to companies expanding petrochemical production in the United States since 2019 -- despite growing evidence that the sector is environmentally destructive, financially unstable, a . . .
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Major Banks Backing Risky US Petrochemical Expansion Despite Mounting Legal and Financial Warnings
Major US and global banks have provided US $133 billion in financing to companies expanding petrochemical production in the United States since 2019 -- despite growing evidence that the sector is environmentally destructive, financially unstable, a . . .