Despite promises to support clean energy programs, the Biden administration leaves out any mention of the U. S. Export-Import Bank, which provides public finance to international fossil fuel programs to the tune of $5.5 billion in 2019. Supporting oil drilling and coal mining programs in Africa, Argentina, Switzerland, Brazil, and elsewhere, this little-known U. S. government sponsored bank props up and promotes fossil fuel production and use worldwide. Kate DeAngelis, International Finance Program Manager for Friends of the Earth, fills in the details.
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