June 25

Credit Suisse is adopting the Carbon Principles, a program that allows financial institutions to address environmental and economic risk management associated with construction of coal-fired power plants.

The principles, created early this year by a group of financial institutions in conjunction with several power companies, aims to guide advisory and lending activities by banks to power companies and projects that emit carbon dioxide.

Credit Suisse will encourage power clients to invest in energy-efficient, renewable and low-carbon technologies.

Contact Waste News senior reporter Jim Johnson at (937) 964-1289 or jpjohnson@crain.com

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