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.
Decision a blow to campaigners, who say the ads gave Saudi Aramco unearned climate credibility.
UKโs first parliamentary debate on the issue drew comparisons both with tobacco industry tactics and the industry's now widely accepted ad ban.
Labour's Jacob Collier warns parliamentary debate of "coordinated strategy" by oil companies to delay climate action.
Critics fear that Equinorโs latest UK education deal is aimed at quelling opposition to North Sea drilling.
Clearing the PR Pollution
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