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 ย – 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 ย on looking and drilling for oil and gas.
First Nations are furious, environmentalists feel betrayed, oil companies are demanding more, and the clock is ticking.
The Mailโs events business in the Middle East provides a quarter of its revenue. A previous Telegraph bid was rejected over petrostate influence fears.
โIโve never seen anything like this,โ longtime denier Marc Morano said recently of Democrats, billionaires, activists and reporters going โsilentโ on the issue.
In exclusive interview with DeSmog, Haisla leader explains that an oil โspill on our waterway would be catastrophic.โ
