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In major step on road to Paris, rich countries agree to slash export subsidies for coal plants
2015-11-18 13:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Post: After a concerted push from the United States, members of the Organization for Economic Cooperation and Development agreed Tuesday to slash subsidies aimed at exporting technology for coal-fired power plants. The decision by the worlds wealthiest countries to eliminate export credits for the least efficient coal plants, which will take effect Jan. 1, 2017, and can be strengthened four years later, marks a major negotiating success for the Obama administration in the run-up to U.N. climate talks...
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Category:Electronics and Electrical