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American Electric will utilize the pipeline to fuel its power plants, which will be converted from coal-fired to natural gas in order to comply with tightening environmental standards.
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Yet, rather than order the older plants to comply with new environmental standards, Mr Bush instead worked with industrial leaders to arrange a system by which the plants' owners are supposed to take part in the plan voluntarily.
ECONOMIST: The Lone Smog State
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They introduced a code of conduct for suppliers, to make sure they comply with human rights, environmental and documentation standards.
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Beneficiaries must comply with 27 international conventions, on environmental, labour and human rights standards.
ECONOMIST: Sri Lanka