Since 2009, it has financed 70 fossil fuel projects. Yet, according to our investigation, investments in overseas fossil fuel projects have tripled under Obama. “And then we watched Ex-Im’s fossil fuel financing skyrocket. Bank officials also said that despite their funding of fossil fuel projects, they are on the forefront of advancing green and climate-friendly policies. However, phone calls to about 80 US exporters affiliated with more than 20 large fossil fuel projects revealed few keep statistics tracking jobs tied to bank financing.
Source: The Guardian November 30, 2016 12:00 UTC