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U.S. Says It Wont Back New International Coal-Fired Power Plants

2013-10-30 02:05:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: In an aggressive move to impose President Obamas environmental policies overseas, the Treasury Department on Tuesday largely declared an end to United States support for new coal-fired power plants around the world. The decision means that Mr. Obamas administration will no longer contribute to coal projects financed by the World Bank and other international development banks. What were trying to do is to use the leverage associated with public finance to help developing countries move in the...

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Category:Electronics and Electrical

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