In April and May a variety of banks in downtown Portland were visited by activists concerned about the banks’ investments in dirty energy projects. If you didn’t already know, these banks are major lenders to Arch Coal, the second biggest coal company in the United States. Along with Austrialia-based Ambre Energy, Arch is responsible for a proposed coal export terminal on the Columbia River which would send tens of millions of tons of coal abroad each year through a port in Longview, Washington. Arch also owns the Otter Creek coal mine in Montana, which the company hopes to use as a source of coal to be exported.
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