Thursday, June 27, 2013

We're saved! In an insane attempt to prevent CO2-induced bad weather, World Bank acts to make poor people's energy more expensive

World Bank plans to limit financing of coal-fired power plants | Reuters
(Reuters) - The World Bank plans to limit the financing it provides for coal-fired power plants to "rare circumstances" as part of the global financial body's efforts to address the impact of climate change.


Anonymous said...

I wouldn't be surprised if other development banks pick up the coal power plant financing. And if this turns out to not be the case, then I wouldn't be surprised if the World Bank starts financing more natural gas powered plants and we end up exporting more of our NG which drives up the price of it as if it had a carbon tax on it.

adamski said...

since when do you care about poor people????

Tom said...

Starting when I was one straight through until the present.

Thanks for asking!

Adrian Vance said...

CO2 is a “trace gas” in air, insignificant by definition. It absorbs 1/7th as much IR, heat energy, from sunlight as water vapor which has 80 times as many molecules capturing 560 times as much heat making 99.8% of all "global warming." CO2 does only 0.2% of it. For this we should destroy our economy?

Carbon combustion generates 80% of our energy. Control and taxing of
carbon would give the elected ruling class more power and money than anything since the Magna Carta of 1215 AD.

See The Two Minute Conservative via Google or: and when you speak ladies will swoon and liberal gentlemen will weep.