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Goldman Sachs

109 bytes added, 07:35, 6 March 2018
===Coal investments===
In November 2011, Goldman Sachs was listed as the number 11 top global financier of coal-fired power plants in a report complied by various environmental groups entitled, ''Bankrolling Climate Change: A Look into the Portfolios of the World's Largest Banks''. The report noted that Goldman Sachs spent $5,392 million euros on coal plants around the world since 2005.<ref>[http://www.banktrack.org/download/bankrolling_climate_change/climatekillerbanks_final_0.pdf ''Bankrolling Climate Change: A Look into the Portfolios of the World’s Largest Banks''] Earthlife Africa Johannesburg and BankTrack, 2011.</ref>
 
As of 2016 Goldman Sachs International holds 16% of [[Aksa Enerji]], which operates a coal plant in Turkey.
Goldman Sachs is a major financier of new coal plant construction. New coal-fired power plants being funded by the company include:
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