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May 24, 2006

World Bank's IFC to back China's clean coal plants

Wed May 24, 2006 7:11 PM ET

By Gilbert Le Gras

WASHINGTON, May 24 (Reuters) - The World Bank's private-sector arm is preparing the groundwork to invest in a number of power plants in China, from hydro-electric to clean coal facilities, International Finance Corp. executive vice president Lars Thunell said on Wednesday.

"Given the (energy) configuration they have, I think hydro has been important and will continue to be important. I think clean coal technology is obviously something that...

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Posted by rjorr at May 24, 2006 6:03 PM