JPMorgan is the top banker for fossil fuel companies most aggressively expanding

American banks lead a $713.3bn financing spree for top oil, gas and coal expanders

2016

2017

2018

2019 first 6 months

Bank and total

0

20

40

60

JPMorgan Chase $75.6bn

Citi 52.8

Bank of America 48.6

Scotiabank 42.6

Wells Fargo 42.8

TD 32.9

RBC 29.2

MUFG 30.8

Barclays 26.3

Mizuho 26.5

Others (23 companies) $305.3bn

American banks lead a $713.3bn financing spree for top oil, gas and coal expanders

2016

2017

2018

2019 first 6 months

Bank and total, $bn

0

20

40

$60bn

JPMorgan Chase 75.6

Citi 52.8

Bank of America 48.6

Scotiabank 42.6

Wells Fargo 42.8

TD 32.9

RBC 29.2

MUFG 30.8

Barclays 26.3

Mizuho 26.5

Others (23 companies) $305.3bn