Oil Change International: OECD Allows Support for Fossil-Based Technologies Under Agreed 'Climate Incentives'
June 24, 2023
June 24, 2023
WASHINGTON, June 24 (TNSrpt) -- Oil Change International issued the following news release:
The OECD recently agreed on favorable terms and conditions for climate-friendly export financing as part of its revised Climate Change Sector Understanding (CCSU). While the agreement enables incentives for renewable energy projects like solar and wind, it also provides incentives for hydrogen and ammonia, including hydrogen derived from fossil gas, and fossil fuel power plants with operation . . .
The OECD recently agreed on favorable terms and conditions for climate-friendly export financing as part of its revised Climate Change Sector Understanding (CCSU). While the agreement enables incentives for renewable energy projects like solar and wind, it also provides incentives for hydrogen and ammonia, including hydrogen derived from fossil gas, and fossil fuel power plants with operation . . .