The Dernogalizer

April 9, 2010

World Bank Ignores Pleas, Gives Loan for Massive Coal Plant

Filed under: Energy/Climate,National Politics — Matt Dernoga @ 2:00 am
Tags: , ,

I made a cross-post a few days ago about the threat of a giant coal plant being financed by the World Bank.  Well..the bank approved it.  The only bright spot to take from this is the US abstained from supporting the project.

“The U.S. Treasury said in a statement it opposed the loan due to “concerns about the climate impact of the project and its incompatibility with the World Bank’s commitment to be a leader in climate change mitigation and adaptation.”

Below is a video of a protest in Washington DC from Wednesday at the World Bank headquarters

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