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Posted on: June 4, 2018, 7:01 a.m.
Institutional investors with $26 trillion in assets under management called on Group of Seven leaders on Monday to phase out the use of coal in power generation to help limit climate change, despite strong opposition from Washington. Government plans to cut greenhouse gas emissions were too weak to limit warming as agreed by world leaders at a Paris summit in 2015, they wrote. US President Donald Trump announced a year ago that he was pulling out of the pact. Full investment news articleRelevent to this post: HSBC Global Asset Management Limited Nomura,