World Bank to W: There Is No Free Climate Lunch

Tue, 2006-10-03 08:55Ross Gelbspan
Ross Gelbspan's picture

World Bank to W: There Is No Free Climate Lunch

Energy and environment ministers from the world's top 20 polluting nations are meeting in Mexico to consider the economic costs of climate change. Former World Bank chief economist Sir Nicholas Stern is expected to say rich nations must cut emissions immediately, and help developing nations adapt.

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At a time when the rest of the world (for a host of reasons) is shying away from the hydraulic fracturing “boom,” the United States appears to be hell-bent on allowing fracking in every available space. The latest target for the industry has been the already imperiled Gulf of Mexico, the same waters that are still...

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