Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Will the U.S. keep spending taxpayer money on dirty coal plants abroad?
http://grist.org/news/will-the-u-s-keep-spending-taxpayer-money-on-dirty-coal-plants-abroad/
?w=470&h=265&crop=1
***SNIP
But now pro-coal members of Congress are moving to block the new guidelines. The Hill reports:
Both of the working proposals in the House and Senate to renew the bank’s charter would reverse Ex-Im guidelines that prevent financing for overseas power plants that decline to adopt greener technology. …
Up until now, coal-state Democrats such as Sen. [Joe] Manchin (D-W.Va.) have lacked political leverage to fight back.
But that’s changing thanks to the looming Sept. 30 deadline to reauthorize the 80-year-old bank. Opponents of the power plant guidelines are seizing on the time crunch to win concessions.
