White House committed to limits on coal for Export-Import Bank
Published by Joseph Green,
Editor
World Coal,
The White House has said that it is committed to ending government financing for most coal-fired power plants overseas, only one day after a bipartisan bill recommended overturning limits on coal-fired plant projects by the U.S. Export-Import Bank.
"The administration is strongly committed to the long-term reauthorisation of the Export-Import Bank," said White House spokeswoman Jennifer Friedman.
"We are also fully committed to ending public financing for the most polluting power plants overseas, except in the poorest countries, and oppose language that would hinder implementation of the president's Climate Action Plan," Friedman said.
Edited from source by Joseph Green
Source: Reuters
Read the article online at: https://www.worldcoal.com/coal/23032015/white-house-coal-export-import-2098/
You might also like
BLM coal lease sale at Freedom Mine nets US$106 292
The Bureau of Land Management announce that Coteau Properties Company of Beulah, N.D., was awarded a lease to mine 18.3 million t of available federal coal across 1070 acres for US$106 292 at Freedom Mine in Mercer County, N.D.