U.S. and World Bank might stop financing dirty coal plants

Posted by Grist: John Upton on June 28th, 2013
Grist: The World Bank says it cares about climate change, so why is it providing loans to help developing countries build coal power plants? Same goes for America`s support for coal plants abroad. In recognition of this glaring climate policy disconnect, both the World Bank and the Obama administration appear to be finally backing away from financial support of such dirty energy enterprises. From Bloomberg: The World Bank plans to restrict its financing of coal-fired power plants to “rare circumstances,”......

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