Declaration of Richard Heede

Declaration of Climate Mitigation Services "summarizes the results and the methodology used to estimate the direct, indirect and cumulative greenhouse gas emissions of projects financed by Ex-Im and OPIC from 1990 through 2003. Heede concludes that the massive oil, natural gas and coal energy projects these banks finance now financed account for nearly eight percent of the world's emissions of carbon dioxide or nearly one third of the total U.S. carbon emissions in 2003.

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