Manchin Ex-Im bill to roll back coal restrictions

Sen. Joe ManchinJoseph (Joe) ManchinFormer coal exec Don Blankenship launches third-party presidential bid Centrist Democrats seize on state election wins to rail against Warren's agenda Overnight Energy: Senate eyes nixing 'forever chemicals' fix from defense bill | Former Obama EPA chief named CEO of green group | Senate reviews Interior, FERC nominees criticized on ethics MORE (D-W.Va.) plans to roll back restrictions on the Export-Import Bank's financing of overseas coal-fired power plants in a pending reauthorization bill.

The bank revised its environmental procedures in December to prevent any financing for power plants unless they adopt carbon capture technology. Exceptions were provided for the world's poorest countries, and the revision was in response to administration-wide efforts to combat climate change.


Manchin's bill, which has yet to be released, would block the restriction, according to The Wall Street Journal

Manchin's office said the bill would allow the U.S. to export technologies that would help plants use coal in a more enviromentally friendly way.

"There are seven billion tons of coal being burned outside the U.S. each year. If we are truly committed to cleaning up our global environment, the U.S. should lead the world in clean coal technology and export that technology to the rest of the world,” Manchin told the Journal Wednesday.

A congressional source confirmed to The Hill that the draft bill included language blocking the new guidelines.