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.
4 comments:
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.
since when do you care about poor people????
Starting when I was one straight through until the present.
Thanks for asking!
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: http://adrianvance.blogspot.com and when you speak ladies will swoon and liberal gentlemen will weep.
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