Guardian: “British taxpayers’ money will no longer be used to build coal-fired power stations in developing countries, the energy secretary Ed Davey pledged on Wednesday, as the fortnight-long United Nations climate talks entered their final phase.” “The UK has provided about $500m (£300m) for such projects in the past seven years, mostly through its funding for development banks, according to research by the US Natural Resources Defence Council. Ending that is meant to encourage countries to move to low-carbon energy.
….The US, which provided $9bn over the same period to coal power and mines, and several European countries have also pledged to provide no more aid to building new coal plants. But Germany and Japan, two of the biggest funders of coal, at $6bn and $9bn respectively, have not yet joined in.”
….The US, which provided $9bn over the same period to coal power and mines, and several European countries have also pledged to provide no more aid to building new coal plants. But Germany and Japan, two of the biggest funders of coal, at $6bn and $9bn respectively, have not yet joined in.”
