Reject All Energy Subsidies, Not Just the Ones for Fossil Fuels

Jun 29, 2010
Source Name: 
Ethiopian Review
Source Url: 
http://www.ethiopianreview.com/news/201001/?p=8789

For a country that is still heavily dependent on coal power, news of a more efficient (read: lower-carbon-emitting) coal plant should be greeted with roaring applause from the environmental community. Unfortunately, under the Obama Administration, the U.S. Export-Import bank can’t see past the black and white idea that coal and other fossil fuels are the enemies of the environment, and only renewables can save it. This mentality creates double standards, as when White House denied a $250 million Ex-Imp Bank loan to a coal power plant in India equipped with exceptional carbon-cutting technology.

Author: Anonymous

About Carbon Outlook

With an exclusive focus on emerging economies, Carbon Outlook is an independent information marketplace tracking actions related to the carbon economy as well as their impact. It proactively promotes a data driven approach to enable action by local, regional as well as global practitioners.

Carbon Outlook provides (a) in-depth business and policy analysis, (b) updates on the market participants and latest trends on sustainability initiatives, and (c) expert inputs on the GHG emission reduction and other carbon abatement as well as adaptation measures being undertaken in these regions. More about us »

Join the conversation

Carbon Outlook welcomes content contributions and strongly encourages all sector participants to actively share their perspective on industry developments, policy discussions and thoughts on how to augment initiatives to create a Low Carbon Economy.

You can contribute and engage by:
- sending us views on industry news and policy
- sharing thoughts on contributions from other authors
- sharing information on events and sector developments

Newsletter Subscription

To subscribe to the fortnightly intelligence update or the daily news tracker CLICK HERE »


View archived newsletters »