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A small government agency is supporting fossil fuel projects abroad with estimated carbon emissions of a country the size of Portugal, it has emerged. UK Export Finance (UKEF), a government agency in the Department for International Trade, is spending billions of pounds on the projects, Newsnight researchers have found. This is despite a government commitment to cut down on carbon emissions. The Conservative Environment Network (CEN) called the figures "staggering". The organisation, which describes itself as a forum for conservatives who support conservation and decarbonisation, said funding the projects was "a blemish on the UK government's record on climate change". An investigation by... Vollständiger Text

23 January