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.
Speakers at the event previously said "there is no climate crisis" and there is "lively debate" on climate science.
Far-right politicians from France, Germany, and other European nations and their U.S. allies celebrated their growing bonds and shared goals at a lavish party in New York City.
Emboldened by Trumpโs LNG deregulation, industry CEOs brush off climate concerns as Gulf Coast residents warn new gas projects will further strain an already environmentally stressed region.
Report author Mark Cameron is at Bluesky Strategy Group, which boasts to clients โour team has the reach to get your story toldโ in Canadian media.
