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Home › France to stop credits for coal projects in developing countries

 

France to stop credits for coal projects in developing countries

2014-11-27 13:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: France will eliminate export credits for energy projects in developing countries which involve coal, the most polluting fossil fuel, President Francois Hollande said on Thursday. The European Union is phasing out subsidies for domestic coal plants by 2018 in line with its efforts to take a global lead in the fight against climate change. But an EU policy paper seen by Reuters in June said European makers of coal-fired power plants such as France's Alstom should get financial help to export...

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