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PNC Bank Policy on Mountaintop Removal a Positive Step


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PNC Bank Policy on Mountaintop Removal a Positive Step

SAN FRANCISCO - PNC Financial Services Group joined the growing ranks of financial institutions that have officially sanctioned the coal mining practice known as mountaintop removal (MTR.) Citing concerns about the environmental and health impacts of MTR, as well as financial risks, PNC pledged to no longer extend credit to individual MTR mining projects or to firms with 25 percent or more of their production coming from MTR.

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