World Bank group loans India $450 million for massive coal-power project
A press release says funding the huge Tata Power project will help to expand electricity use across five states in western and northern India. This is in keeping with the “higher energy use” sought under “the development goals of the Bank Group and our client countries.”
While the release did say the bank group will try “to balance these energy needs with concerns about climate change,” it also cautioned that “fossil fuels are likely to remain a key contributor to the world’s electricity needs.”
Uh-oh!
Read more: World Bank group loans India $450 million for massive coal-power project














