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

Analysis

The Allure of Flight

ByLindsey J. Smith

onApr 26, 2024 @ 13:38 PDT

New novel "The Sky Was Ours" reckons with escape, the false promise of technofixes, and the desire for a better world.

us/Big Oil’s Dangerous Radioactive Secret

ByJustin Nobel

onApr 24, 2024 @ 10:06 PDT

DeSmog writer Justin Nobel’s new book explores how workers bear the brunt of the oil and gas industry’s hidden contaminated waste.

uk/UK Accused of ‘Helping Russia’ as Refined Oil Imports From ‘Laundering’ Countries Remain at Record High

BySam Bright

onApr 24, 2024 @ 02:10 PDT

Britain is boosting the Kremlin war effort by continuing to purchase billions of pounds worth of refined oil from India, China, and Turkey, campaigners say.