Trump aims to use UN climate fund for coal plants: report

Trump aims to use UN climate fund for coal plants: report
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The Trump administration is angling to use a United Nations climate change adaptation fund to pay for the construction of coal plants instead, Bloomberg News reports.

An official told Bloomberg that the White House is pushing to use the Green Climate Fund, which the U.S. has contributed $1 billion to, for more "clean coal" power plants around the world.

The Green Climate Fund is a U.N. effort designed to send contributions from rich countries to developing nations who are bracing for the worst impact of climate change.

Some of the programs the GCF has funded include hydropower projects in the Solomon Islands and Tajikistan and a renewable energy push in Egypt. A Trump official told Bloomberg the U.S. would push to spend future money on “clean coal” and other power plants that aim to produce fewer carbon emissions than existing power facilities.

One of President Trump’s main complaints about the Paris climate agreement was the $3 billion pledge the Trump administration made to the GCF. Former President Barack ObamaBarack Hussein ObamaOvernight Energy: Dems ask Pruitt to justify first-class travel | Obama EPA chief says reg rollback won't stand | Ex-adviser expects Trump to eventually rejoin Paris accord Overnight Regulation: Trump to take steps to ban bump stocks | Trump eases rules on insurance sold outside of ObamaCare | FCC to officially rescind net neutrality Thursday | Obama EPA chief: Reg rollback won't stand Ex-US ambassador: Mueller is the one who is tough on Russia MORE was able to contribute $1 billion before he left office earlier this year, and Trump has said the U.S. will stop future payments to the fund.

But the U.S. still has a seat on the GCF’s board by virtue of its previous contributions. The GCF funds projects on a consensus basis, making it more difficult for the U.S. to push a coal project through without buy-in from other nations.