Saturday, 16 August 2014
USA CLIMATE POLICY ON COAL NOT EFFECTIVE
This report looks at the policy of the Obama administration to stop lending money for the building of new coal-fired power stations around the world. The idea was to set an example for other nations and international organisations to follow, and so stop the building of them. But, as the article explains, this has not worked and hundreds of new plants are being built using other sources of finance. A good example of a free market working.