DeSmog

DeSmog

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

By Ross Gelbspan

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

Related Posts

Oil Lobby Claims More Production Won’t Raise Emissions, But Ignores Crucial Data

ByTaylor Noakes

onSep 21, 2023 @ 16:02 PDT

CAPP report doesn’t include ‘unconventional’ oil sands representing two thirds of Canada’s output.

CAPP report doesn’t include ‘unconventional’ oil sands representing two thirds of Canada’s output.

us/Why California is Taking Big Oil to Court — and Why it Matters

ByDana Drugmand

onSep 21, 2023 @ 15:19 PDT

The sweeping complaint details the fossil fuel industry’s coordinated campaign to deceive the public about the dangers of fossil fuels.

The sweeping complaint details the fossil fuel industry’s coordinated campaign to deceive the public about the dangers of fossil fuels.

A Guide to Six Greenwashing Terms Big Ag Is Bringing to COP28

ByRachel Sherrington and Hazel Healy

onSep 21, 2023 @ 08:45 PDT

We debunk some key concepts that the world’s largest food and farming companies will be using to sway debates at the climate summit.

We debunk some key concepts that the world’s largest food and farming companies will be using to sway debates at the climate summit.

Series: Shining a Light on Big Ag’s Climate Push

Series: Big Ag's Climate Push

Alberta Promises Cenovus $7 Million to Study Small Modular Nuclear Reactors

ByTaylor Noakes

onSep 20, 2023 @ 10:48 PDT

Research will be for oil sands decarbonization, but critics say the move doubles down on fossil fuel use and production.

Research will be for oil sands decarbonization, but critics say the move doubles down on fossil fuel use and production.