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$1b funding package to Mexican Pemex: UK govt faces its toughest challenge

byCustoms Today Report
05/03/2015
in Uncategorized
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LONDON: The UK government has become embroiled in a new row over financial support for fossil fuel companies after announcing a $1bn (£660m) funding package to the Mexican state oil group, Pemex.

Greenpeace said a move to provide money to “dirty” energy projects under the UK Export Finance (UKEF) scheme flew counter to commitments to fighting climate change.

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