High Returns Lure Wealthy Investors to Fund Coal as Banks Exit

(Bloomberg) -- Wealthy Australians, in search of attractive investment returns, are emerging as an important pool of capital for financing coal projects shunned by banks due to environmental, social and governance concerns. Most Read from BloombergBiden Exits Race, Endorses Harris After Weeks of PressureBiden Is Out: What’s Next for Democrats, ExplainedBiden Exit Leaves Markets Asking What’s Next for Trump TradeTrump’s Remarks Spark Rebuke From Mexico’s President-ElectTurkish Diners Fleeing 90%