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Bankrolling Energy Exports Creates Rift Between Fossil Fuels And Green Power

2014-08-03 20:10:00| Climate Ark Climate Change & Global Warming Newsfeed

Forbes: With boundaries generally falling, U.S. firms are trying to sell their wares around the globe. But just how that expansion is financed is up for question -- with a movement now afoot that seeks to extract the U.S. government from the equation. At issue is whether the Export-Import Bank, developed in 1934, should supplant private lending sources and make loans to exporters. As such, funding to keep the bank afloat is set to cease on September 30, 2014. Congress could act to keep the bank alive...

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