U.K. Joins U.S. Pledge to Stop Funding Foreign Coal-Power Plants
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The U.K. joined a U.S. commitment to minimize funding of foreign coal-fired power stations as they seek to curb use of a fuel that spews twice the levels of greenhouse emissions as burning natural gas.
“We will work to get support of more countries and the multilateral development banks,” U.K. Energy Secretary Edward Davey said in Warsaw, where delegates from about 190 countries met for United Nations climate talks. Funding for coal would be allowed under the “rare circumstances” when alternatives aren’t available and there’s a case for reducing poverty.