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Coal industry battles to keep power in U.S. energy debate

Four months after pledging to lead the United States on a path to sustainable energy, President Barack Obama faces a turning point on electricity generated from coal, one of the dirtiest of fuels. The White House was expected this week to finalize a rule to reduce emissions from all new…

Banks lent over $300 billion to coal industry

Leading banks around the world lent 232 billion euros ($308 billion) to the coal industry, one of the biggest sources of greenhouse gases, from 2005 to 2010, campaigners said here on Wednesday. The figures, presented on the sidelines of November 28-December 9 UN climate talks in Durban, come from a trawl…