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The Carbon Principles

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The Carbon Principles are a series of guidelines established by three leading Wall Street banks — Citigroup Inc., JP Morgan Chase, and Morgan Stanley — to assess the risks in financing electric power projects in terms of climate change.

The Principles call for "enhanced diligence" in evaluating electric power industry borrowers in terms of their use of energy efficiency; renewable and low-carbon distributed energy technologies; and conventional and advanced generating technologies.

References

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