Reach Of US Enviro Laws Key To Fight Over Ex-Im Gas Loans

Law360, New York (August 3, 2012, 7:45 PM EDT) -- Three environmental groups on Thursday challenged U.S. Export-Import Bank financing for two Australian liquefied natural gas projects, thrusting back into the spotlight the hot-button issue of whether U.S. environmental laws extend beyond its own borders.

The question is a contentious one, and experts say it will likely play a bigger role as Ex-Im Bank boosts its backing of megaprojects. Multibillion-dollar loans to energy developers like ExxonMobil Corp. and Petroleo Brasileiro SA have angered environmental groups, who say the bank hasn't kept up its end of a...
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