DeSmog

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

authordefault
on

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.

Related Posts

on

Reclaim the Media, fronted by climate denier Fox, gave the money just days before the general election.

Reclaim the Media, fronted by climate denier Fox, gave the money just days before the general election.
Analysis
on

Overseas demand for Alberta bitumen has yet to materialize as Asia transitions to electrified transport.

Overseas demand for Alberta bitumen has yet to materialize as Asia transitions to electrified transport.
on

"The behavior of Donald Trump and the oil and gas industry has added to evidence of possible misconduct," said three U.S. lawmakers.

"The behavior of Donald Trump and the oil and gas industry has added to evidence of possible misconduct," said three U.S. lawmakers.
on

Paul Marshall’s hedge fund was “turbocharged” by private equity giant KKR, which has major stakes in oil, gas, and coal.

Paul Marshall’s hedge fund was “turbocharged” by private equity giant KKR, which has major stakes in oil, gas, and coal.