Thai Bin Two
By The US Export-Import Bank has decided not to fund the Thai Binh Two coal-fired power plant in Vietnam. This is a marginally good sign that the Obama Administration’s rejection of coal that he set out in his climate change speech will have real life benefits. However, it’s also a decision that comes at almost no political cost except irritating the Vietnamese government. What happens with the Keystone XL Pipeline and especially the exporting of Powder River Basin coal to Asia will be far more telling.