Clinton Launches Energy Efficiency Coalition

Law360, New York (May 17, 2007, 12:00 AM EDT) -- Former president Bill Clinton on Wednesday announced the creation of a global coalition comprising four of the world’s largest energy service companies, 16 of the world’s largest cities, and five of the world’s largest banks, which have pledged billions of dollars towards slashing energy consumption.

Under the Energy Efficiency Building Retrofit Program, the banks will provide up to $1 billion each in loans to both cities and their private building owners in order to retrofit existing buildings with more energy efficient products, typically leading to energy...
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