European energy chief puts forward case for funding coal

EBRD chief Riccardo Puliti warns Europe not to be hasty in adopting 'ideological' policy on carbon intensity funding One of Europe's most influential government-owned investors in the energy industry has hinted it may expand funding of high-carbon coal projects despite mounting pressure from climate change campaigners to rule out such investments. Riccardo Puliti, energy chief at the European Bank for Reconstruction and Development (EBRD), warned against an "ideological" policy on carbon intensi...