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US overseas coal financing may be restarting

2014-07-07 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Inter Press Service: Landmark new policies that have sharply curtailed U.S. financing for international coal projects may be rolled back, the result of a sudden, polarised fight over a little-known government agency here. The debate revolves around an entity called the Export-Import Bank, which for much of the past century has made federal money available to promote U.S. exports. In December, as part of President Barack Obama's government-wide push to enact federal policies to counter global climate change, the...

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