Posts tagged electricity

Coal funding hits record high

Was astonished by a recent snippet from Christian Aid: Christian Aid has criticised a record high of US$4.4 billion in World Bank funding for coal power stations – a 40-fold increase over the past five years. I can’t believe that at a time when we are facing the need for urgent action to avoid disastrous climate change, the World Bank is pouring more money into coal than renewable energy. Of course developing nations need to generate power for their growing populations, and renewable energy might be more expensive to set… Read More