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July 15, 2009

Climate Follies: Bankrolling Dirty Power in Developing Countries

By Mindy S. Lubber - Mindy S. Lubber

In Washington, it's a popular climate conundrum everyone talks about: Even if the U.S. lowers its greenhouse gas emissions, China and India are on track to dwarf the entire Western World's as they build enormous coal-fired power plants. Politicians of all stripes regularly say we must get China and India to use less coal, the dirtiest of fossil fuels, to power their emerging economies.

But who do you think is financing all these new coal plants in the developing world?

Full Story...

Posted by rjorr at July 15, 2009 8:11 PM