Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, August 1, 2014

New Financing Options for Coal Power Plants through the BRICS ‘New Development Bank’

New Financing Options for Coal Power Plants through the BRICS ‘New Development Bank’

By Chris Pedersen
Obama's New Proposed Regulations On Coal Energy Production Met With Ire Through Kentucky's Coal Country
The leaders of Brazil, Russia, India, China and South Africa (known as the BRICS) recently met to launch a newly-created international fund called the New Development Bank (NDB). The BRICS represent roughly a fifth of the world economy and 40 percent of the global population. The NDB will have an initial capital pool of $50

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