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RBC, Scotiabank pull back on climate goals

April 16, 2026
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TORONTO — RBC and Scotiabank say they’re dropping their 2030 targets for reducing financed emissions as governments pull back on climate action and artificial intelligence drives a surge in energy demand. In 2022, RBC set goals to reduce funded emissions for the oil and gas, power generation and automotive sectors by the end of the [] The post RBC, Scotiabank pull back on climate goals appeared first on CityNews Montreal.

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