Bank of England to stop accepting bonds linked to coal for key loans
2026-07-19 06:43 UTC
The Bank’s new policy suggests that bonds linked to thermal coal are now too risky to sit on its balance sheet, as an international shift away from dirty fossil fuels towards greener energy could end up wiping out their value.
Replies (1)
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@ms_lane@lemmy.world 2026-07-19 13:18
Even coking coal is finally on borrowed time.