U.S. New York

Thu, 2007-05-17 09:26Bill Miller
Bill Miller's picture

Broad coalition of cities and banks pledge billions to curb carbon emissions

The assembly of 16 of the world’s largest cities and five banks also includes ex-President Bill Clinton, New York Mayor Michael Bloomberg and several corporations. Under the plan, developed through the William J. Clinton Foundation, participating banks would provide up to $1 billion each in loans to cities or private landlords to upgrade energy-hungry heating, cooling and lighting systems in older buildings.

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