WH POLITICS INTERFERES WITH EXPORTS

According to the Wall Street Journal of June 30, the White House politics is interfering with the export of ordinary mining equipment to India based on a theory (erroneous) that mining equipment is not good for the environment. Does this make any sense? Of course not. Here are the facts. Bucyrus International Inc. had a deal to sell $600 million worth of mining equipment to a company in India, Reliance Power. But the US Export-Import Bank would not help Reliance Power with a loan to help finance the transaction. The decision of the bank is believed to be based on the politics of carbon emission, not on business aspects. This means a large loss of business to Bucyrus and many US jobs may be lost as a result. This result is at odds with the WH promise to increase jobs. I am definitely for protection of the environment but I am not in favor of interfering with lawful normal export business or any business transaction on the basis of some supposed environmental impact. If we are to live on this planet as any society other than foraging savages, we need to conduct normal industrial and other business that support the life of our civilization. If the WH can interfere with this normal mining equipment transaction, what will they interfere with next? Your job?