Record sums were invested last year in coal power - the most carbon intensive form of energy on the planet - by the World Bank , despite international commitments to slash the carbon emissions blamed for climate change. The World Bank said this week that a total of US$3.4bn - or a quarter of all funding for energy projects - was spent in the year to June 2010 helping to build new coal-fired power stations. Over the same period the bank also spent $1bn on looking and drilling for oil and gas.
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