You are here

Rich nations' pact to end export credits will hurt coal

BT_20151119_CPCOAL19_1983051.jpg
The historic agreement on Tuesday to scale back public financing for coal-fired power plants, deals another blow to the industry.

Washington

MEMBERS of the Organization for Economic Cooperation and Development struck a historic agreement on Tuesday to scale back public financing for coal-fired power plants, dealing another blow to the industry ahead of a global summit on climate change in Paris.

Under the...