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In Coal Setback, Rich Nations Agree to End Export Credits

2015-11-17 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Members of the Organization for Economic Cooperation and Development struck an historic agreement Tuesday to scale back public financing for coal-fired power plants, dealing another blow to the industry ahead of a global summit on climate change in Paris. Under the agreement, detailed by the White House in a conference call, the worlds richest economies will restrict subsidies that helped companies export technology to build coal-fired power plants, among the largest sources of emissions blamed...

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