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The decision, a major reversal, could help poorer nations industrialize, cut planet-warming emissions and boost U.S. competitiveness on next-generation reactors.
By Max Bearak
The world’s largest and most influential development bank said on Wednesday it would lift its longstanding ban on funding nuclear power projects.
The decision by the board of the World Bank could have profound implications for the ability of developing countries to industrialize without burning planet-warming fuels such as coal and oil.
