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Environmental

Feb. 10, 2009

Federal Agencies Agree to Address Global Warming in Overseas Projects

U.S. Eximbank and OPIC will have to curb the carbon footprint of energy projects they underwrite across the developing world under a settlement with environmental groups and local governments announced Friday.

By Fiona Smith
Daily Journal Staff Writer

SAN FRANCISCO - Federal agencies will have to curb the carbon footprint of energy projects they underwrite across the developing world under a settlement with environmental groups and local governments announced Friday.

Friends of the Earth, Greenpeace and the cities of Oakland, Santa Monica, Arcata and Boulder, Colo. sued the Export-Import Bank of the United States and the Overseas Private Investment Corp...

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