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Article

27 Aug 2002

Author:
Washington Post

USA: Export Agencies Sued Over Global Warming

Two environmental groups and the city of Boulder, Colo., plan to file a lawsuit today charging two federal agencies with contributing to climate change through their financing policies. Friends of the Earth, Greenpeace and the city said they are filing the suit in U.S. District Court in San Francisco on behalf of "members and citizens who are victims of global warming." The action is against the Export-Import Bank, an independent federal agency that helps finance the sale of U.S. exports, and the Overseas Private Investment Corp., which provides government- backed insurance and loans to help U.S. businesses compete in emerging markets.