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UK: no new funding for coal-fired power stations abroad

2013-11-20 22:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: British taxpayers' money will no longer be used to build coal-fired power stations in developing countries, the energy secretary Ed Davey pledged on Wednesday, as the fortnight-long United Nations climate talks entered their final phase. The UK has provided about $500m (300m) for such projects in the past seven years, mostly through its funding for development banks, according to research by the US Natural Resources Defence Council. Ending that is meant to encourage countries to move to low-carbon...

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