As the Philippines’ banks continue to finance coal-fired power plants, a surplus of coal plants could turn them into bad investments—and the subsequent burden of high electricity costs could be passed on to consumers.
Read more: https://www.eco-business.com/news/coal-in-the-philippinesare-banks-risking-us21-billion-on-stranded-assets/?utm_medium=email&utm_campaign=Daily%20Digest%2017092018&utm_content=Daily%20Digest%2017092018+CID_180ad3bddb482e90e5c1725ff796c9b6&utm_source=Campaign%20Monitor&utm_term=Coal%20in%20the%20PhilippinesAre%20banks%20risking%20US21%20billion%20on%20stranded%20assetsCoal in the Philippines—Are banks risking US$21 billion on stranded assets?
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