EcoWatch: U.S. public financing for overseas coal-fired power is likely coming to an end.
Thats the clear signal from the U.S. Department of Treasurys announcement on Tuesday. The Treasury Department provided new guidance for multi-lateral development banks (MDBs) financing of coal-fired power. These investments will now need to meet the same greenhouse gas requirements as the U.S. Environmental Protection Agencys (EPA) standards for new domestic power plants, which were announced earlier this year....