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China 'highly polluting project' decision to spur coal subsidy talks

2015-10-01 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: China's promise to curb public funding of "highly polluting projects" has isolated Japan and increased the pressure to close a deal to phase-out coal export subsidies after months of wrangling. The Paris-based Organisation for Economic Cooperation and Development has been hosting talks on the issue since last year. Japan, wary of regional competition from China, has been at the vanguard of opposition to phasing out coal export credits that help OECD nations send coal plant technology abroad...

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