CGD in the News

US Anti-Coal Dominoes Hit BRICS Wall, Other Skeptics (Reuters)

August 13, 2014

From the article:

U.S. officials have floated proposals at multilateral forums such as the G20 but have been rebuffed by Japan and Germany. U.S. Treasury officials have also discussed with China the role that public funds can play in developing less carbon-intensive energy sources.

Scott Morris, a former Treasury official for development finance, said the rapid change the United States has hoped for was never realistic.

"It's harder to be pure, whether on climate or any other issue, in the face of domestic commercial interest," said Morris, now a senior associate with the Washington, D.C., think tank Center for Global Development.

Read the article here