Wall Street's Surprising Quest for Ways to Finance Coal Again.

(Bloomberg Businessweek) -- Since the 2015 Paris climate agreement, "blacklist coal" has become a mantra across much of the finance industry. Another idea, from the Glasgow Financial Alliance for Net Zero (Gfanz), in cooperation with big financial institutions and technical experts at nonprofits, would be an experimental metric called expected emissions reductions, or EERs. Debt markets have already come up with tools such as sustainability-linked bonds that allow investors to finance polluters working to cut their emissions while avoiding any public blowback. [Extracted from the article]