UPDATE: Bank of America heard you and is showing some positive signs of movement. Stay tuned for more information on new developments. The Great Barrier Reef is a global treasure and one of the Earth’s most biodiverse ecosystems. It’s home to endangered dugongs and green and loggerhead sea turtles, and it’s a crucial area for … Read more
First published on the Huffington Post Energy Blog Last year President Obama launched Power Africa, an initiative to double access to power in sub-Saharan Africa, where more than two-thirds of the population is without electricity. In a parallel move, the House Foreign Affairs Committee leadership introduced the Electrify Africa Act to encourage access to electricity … Read more
Today, the Directors of the U.S. Government’s largest trade promotion agency, the Export-Import Bank (Ex-Im Bank), approved restrictions on financing for coal plants abroad. In doing so, the Ex-Im Bank became the first government export credit agency in the world to curb coal plant financing. But the restrictions include unnecessary exemptions. For example, in some … Read more
I don’t know about you, but I prefer my nature wild, not behind Plexiglas. Sadly, not everyone agrees. In early October, the U.S. Government’s export promotion agency, Export-Import Bank, issued a press release boasting its approval of a $105 million loan to the Brazilian state of Ceará to support U.S. exports for the construction of … Read more
