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OECD countries agree to restrict financing for overseas coal power plants

2015-11-18 12:56:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: A compromise struck by the United States, Japan and several other major nations will restrict export financing to build coal power plants overseas, but not eliminate it completely. The agreement reached Tuesday is an important step forward that sends a strong political message ahead of upcoming international climate change negotiations in Paris, an American official and environmentalists said. Japan and the United States were long at odds on this issue. The Obama administration announced in...

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