Posted AT 1:15 PM EST on 17/07/08
When M&A bankers stay home, less pollution
LONDON — The dark clouds of the credit crisis may have an unexpected silver lining for the environment - a smaller carbon footprint from investment bankers.
Mergers and acquisitions advisers jetting around Europe emitted 98,000 tonnes of carbon dioxide over the past year, the equivalent annual average emissions of 8,000 British citizens, to work on cross-border deals, a study showed.
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