Wells Fargo Bank #1 Fossil Fuel Lender – $28B in Deals Last Year

It seems that every post we write about banks with respect to fossil fuels is about banks that have decided to stop lending and participating in loans made to fossil fuel companies. It's time to start talking about the good guys--the banks that continue to make fossil energy loans. Sitting at the top of the list, according to the lefties at Bloomberg, is Wells Fargo Bank. In 2021 Wells Fargo put together (as "book­runner") some $28 billion of fossil energy deals. The bank is going great guns in 2022 too. It's time to give Wells Fargo a great big "attaboy" for continuing to fund fossil fuel projects.

---

To view this content, log into your member account. (Not a member? Join Today!)