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Coal
Treasury Dept. Advises Development Banks Not to Fund New Coal Plants Without CCS
A revised technical guidance released by the U.S. Treasury Department on Tuesday to bolster a key facet of President Obama’s Climate Action Plan (CAP) declares an end to U.S. support for multilateral development bank (MDB) funding for new overseas coal projects except in “narrowly defined circumstances.” The updated guidance document is designed to be incorporated […]
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