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World Bank to W: There Is No Free Climate Lunch
Energy and environment ministers from the world's top 20 polluting nations are meeting in Mexico to consider the economic costs of climate change. Former World Bank chief economist Sir Nicholas Stern...
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G-8 To Cut Carbon Emissions? Don't Bank On It!
Germany has pushed the G-8 to set a tough target for reducing carbon emissions. But environmentalists said the World Bank, which the G8 has asked to finance the shift away from carbon use in the...
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Wolfowitz Censored Bank References to Warming
The Bush administration has consistently thwarted efforts by the World Bank to include global warming in its calculations, according to documents made public through a watchdog. On one occasion, the...
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World Bank group loans India $450 million for massive coal-power project
A New York Times article described the Tata loan agreement as illustrative of the “troubling tension” between driving development and curbing climate risk in a world still wedded to fossil fuels.The...
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DeSmogBlog reader's comment prods thinking on World Bank coal-plant loan
My post about the World Bank loaning India $450 million to build a new coal-fired power plant prompted a DeSmog reader to ask if I’m “against the idea of a plant that has less pollution than previous...
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Global Financial Leaders Recommend Cutting Fossil Fuel Subsidies
Global financial institutions including the International Monetary Fund and the World Bank have released a new set of recommendations for G20 countries to meet their goal of providing $100 billion a...
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Energy Secretary Ernest Moniz Relies on Dubious Coal Tech for Obama Climate...
The key takeaway from President Obama's major climate change announcement this week was his intent to batten down on coal. But if history is any indication, the man Mr. Obama selected to run the...
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Facing the Facts: Climate Change Is Bad For Business
As leaders of the industrialized world continue to squabble at home over how to address the threat of climate change – and even as they battle internal factions who don’t believe the science of climate...
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Keystone XL Decision Highlights Coziness Between Oil and Gas Industry, Obama...
This past week was good to the oil and gas industry. First, President Obama talked up jobs gains from drilling and labeled natural gas a “bridge fuel” in his State of the Union address, using...
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Risks of Fracking Boom Draw Renewed Attention from Investors
A coalition of investors called out five oil and gas companies for failing to measure or reduce risks associated with fracking on Tuesday, singling out companies both large and small for how they’ve...
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Testimony Reveals Record 36% of North Dakota Fracked Gas Was Flared in December
The recent March 6 House Energy & Commerce Subcommittee on Energy and Power hearing titled “Benefits of and Challenges to Energy Access in the 21st Century: Fuel Supply and Infrastructure” never...
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Vice President Joe Biden Promotes U.S. as Fracking Missionary Force On...
During his two-day visit this week to Kiev, Ukraine, Vice President Joe Biden unfurled President Barack Obama's “U.S. Crisis Support Package for Ukraine.”A key part of the package involves promoting...
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Lord Stern: We’ve Underestimated Economic Costs of Global Warming
Nicholas Stern, one of the world’s most influential economists, has come out with a new report showing that the future costs of climate change have been incredibly underestimated.The report, Endogenous...
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Tackling Global Warming Would Increase GDP (And Save 94,000 Lives a Year):...
Aggressively tackling global warming through better public transportation and increased energy efficiencies could increase global GDP by between $1.8 trillion and $2.6 trillion annually, a new report...
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Addressing Global Warming is an Economic Necessity
This is a guest post by David Suzuki. Those who don’t outright deny the existence of human-caused global warming often argue we can’t or shouldn’t do anything about it because it would be too costly....
View ArticleWolfowitz Censored Bank References to Warming
Read time: 1 minThe Bush administration has consistently thwarted efforts by the World Bank to include global warming in its calculations, according to documents made public through a watchdog. On one...
View ArticleClik here to view.
World Bank group loans India $450 million for massive coal-power project
Read time: 1 minA New York Times article described the Tata loan agreement as illustrative of the “troubling tension” between driving development and curbing climate risk in a world still wedded to...
View ArticleDeSmogBlog reader's comment prods thinking on World Bank coal-plant loan
Read time: 2 minsMy post about the World Bank loaning India $450 million to build a new coal-fired power plant prompted a DeSmog reader to ask if I’m “against the idea of a plant that has less...
View ArticleClik here to view.
Global Financial Leaders Recommend Cutting Fossil Fuel Subsidies
Read time: 3 minsGlobal financial institutions including the International Monetary Fund and the World Bank have released a new set of recommendations for G20 countries to meet their goal of providing...
View ArticleClik here to view.
Energy Secretary Ernest Moniz Relies on Dubious Coal Tech for Obama Climate...
Read time: 6 minsThe key takeaway from President Obama's major climate change announcement this week was his intent to batten down on coal. But if history is any indication, the man Mr. Obama selected...
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