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Politics : Politics for Pros- moderated

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To: DMaA who wrote (759040)	3/10/2022 11:52:21 AM
From: D. Long	4 Recommendations Read Replies (2) of 793903

The other part of the drilling equation - November 2020 the Trump admin had to start rule-making process to ban banks from discriminating against Alaska oil drilling on political grounds. That process probably came to an abrupt halt January 2021 when Biden took office. This woke BS is going to strangle us to death. adn.com Federal agency proposes rule aimed at blocking banks from not financing Arctic drilling By Alex DeMarban Updated: November 20, 2020Published: November 20, 2020 The federal government on Friday released a proposed rule aimed at limiting large banks from pulling their financing from Arctic oil and gas projects, after several banks announced policies that prohibit or limit their investment in such projects, including in the Arctic National Wildlife Refuge. However, some experts and activists said the rule’s impact, if it is finalized, could be muted if banks can show that opting to not finance Arctic oil projects is a financial decision, not a political one. The head of the Office of the Comptroller of the Currency, an independent bureau under the Treasury Department, said on Friday that the banking system’s capital and services must be accessible to everyone on equal terms.

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