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Ex-Im Bank won't finance Vietnam coal-fired power plant

2013-07-18 20:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The U.S. Export-Import Bank board of directors voted on Thursday not to proceed with the financing of U.S. exports to help build a coal-fired power plant in Vietnam, following a plea from U.S. environmental groups to stop the project. The Ex-Im Bank board decision was made after a "careful environmental review" of the 1,200-megawatt Thai Binh Two power plant, according to a statement from the Ex-Im Bank, citing a bank official. Five environmental groups wrote to President Barack Obama earlier...

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