Grist: There`s a new ally in the fight against the dirtiest of fossil fuels.
The World Bank`s board of directors approved a strategy shift this week that will move the lending body formally away from its longstanding support of coal-fired power plants in favor of cleaner and smarter alternatives.
Following the adoption Tuesday of its Energy Sector Directions Paper [PDF], the World Bank will "provide financial support for greenfield coal power generation projects only in rare circumstances," such as...