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Britain to join US in ending coal power support abroad

2013-11-22 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Britain said Wednesday it would join the United States in a charge to curb financial aid for building coal-fired power plants abroad. The announcement was made at UN climate talks in Warsaw where the fossil fuel -- the biggest single contributor to global warming -- has been at the centre of a storm. "The UK will join the United States in agreeing to end support for public financing of new coal-fired power plants overseas, except in rare circumstances," Ed Davey, Britain's energy secretary,...

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UK: no new funding for coal-fired power stations abroad

2013-11-20 22:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: British taxpayers' money will no longer be used to build coal-fired power stations in developing countries, the energy secretary Ed Davey pledged on Wednesday, as the fortnight-long United Nations climate talks entered their final phase. The UK has provided about $500m (300m) for such projects in the past seven years, mostly through its funding for development banks, according to research by the US Natural Resources Defence Council. Ending that is meant to encourage countries to move to low-carbon...

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?China's Moratorium on Solar Production Gives Hope Abroad

2013-10-29 22:13:16| ENR.com: Headline News

Things could be looking up for U.S. companies as China, the global production leader, recently announced a ban on new capacity.

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U.S. lays out strict limits on coal funding abroad

2013-10-29 20:40:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The United States said Tuesday it plans to use its leverage within global development banks to limit financing for coal-fired power plants abroad, part of Washington's international strategy to combat climate change. The U.S. Treasury said it would only support funding for coal plants in the world's poorest countries if they have no other efficient or economical alternative for their energy needs. For richer countries, it would only support coal plants that deploy carbon capture and sequestration,...

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