U.S., Europe Seek to End Export Financing for Coal

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U.S., Europe Seek to End Export Financing for Coal
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Wealthy nations move to end support for coal—one of the world’s biggest sources of greenhouse gases

PARIS—The U.S., the European Union, South Korea and other wealthy nations are moving to forbid their export-financing agencies from supporting coal-fired power projects overseas, in an effort to end government support for a fuel that is one of the world’s biggest sources of greenhouse gases.

The proposed ban, which will be made this week at the Organization for Economic Cooperation and Development, is part of the West’s campaign to push China, India and other big developing countries

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