Goldman Sachs is the first big US bank to say it won't finance new oil projects in the Arctic
London Goldman Sachs is the first big US bank to say it won't finance new oil projects in the Arctic.
On Sunday, the bank announced a raft of changes to its environmental policies, including a pledge not to finance drilling in the Arctic. The restrictions also rule out projects in Alaska's Arctic National Wildlife Refuge, which President Donald Trump has sought to open to development.
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