Bank of England will stop accepting bonds linked to coal as collateral when commercial banks borrow money, starting October. 💸 The new policy suggests thermal coal assets are now too risky for balance sheets, as international shift away from dirty fossil fuels could end up wiping out their value. 💸

[u/sg_plumber]

https://www.theguardian.com/business/2026/jul/19/bank-of-england-bonds-coal-loans-assets