A Burst of "Green" Power Courtesy of the World Bunk!

onAug 12, 2008 @ 10:57 PDT

Once the new Tata Ultra Mega power plant in western India is fired up in 2012 and fully operational, it will become one of the world’s 50 largest greenhouse-gas emitters. And the World Bank is helping make it possible. A year after World Bank President Robert Zoellick pledged to “significantly step up our assistance” in fighting climate change, the development institution is increasing its financing of fossil-fuel projects around the globe.

The $4.14 billion, coal-powered Ultra Mega plant will emit more carbon dioxide annually than the nation of Tunisia.

By Ross Gelbspan

uk/Revealed: How Development Banks Underwrote Fast Food’s Global Takeover

ByAlex Park

onApr 19, 2024 @ 01:35 PDT

From South Africa to Ukraine, five industrial chicken companies that supply KFC have benefited from financing from the World Bank Group and the European Bank for Reconstruction and Development.

Pathways Alliance Paid Google to Advertise on ‘Greenwashing’ Searches

ByGeoff Dembicki

onApr 18, 2024 @ 13:22 PDT

It’s an effort by the oil sands group to deflect attention away from a long record of misleading climate claims, disinformation expert argues.

uk/Liz Truss Book Calls for Climate Laws to be Abolished and Boasts of Effort to Cancel UK COP Summit

ByAdam Barnett

onApr 18, 2024 @ 08:43 PDT

The former prime minister attacks flagship climate deals and makes false claims about electric vehicles, Russia’s influence on energy policies, and net zero.