(New York Times, Washington, 22 September 2009) A federal bank that provides billions of dollars for overseas energy projects has drafted plans to integrate climate change into its financing decisions, but environmentalists say the emerging proposal is weak because it lacks commitments to curb overall emissions of greenhouse gases. The Ex-Im Bank’s move toward a carbon policy is part of a February settlement with Friends of the Earth, Greenpeace and cities that successfully sued the export-credit agency over its support for oil and gas, refining, and fossil-power projects
Date
1 September 2009
