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Thane Tasker

Millions Of Pounds Of British Aid Money Is Funding Coal-Fired Power Stations In Developing Countries

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UK aid cash funds ‘dirty’ coal-fired power plants while at home Ministers champion greener energy (Oh and you’ve just noticed it’s all a fraud but you still promote ‘population growth?)

Millions of pounds of British aid money is funding coal-fired power stations in developing countries – even though their use is being scaled back in this country.

Daily Mail

The level of spending on fossil-fuel plants by the World Bank, which receives billions from Britain, is ‘unacceptable’ at a time when tough climate change measures are being rolled out at home, a powerful committee of MPs has declared. The bank is backing projects such as a 4,800megawatt coal-fired station in South Africa that is almost five times the size of those in the UK.

Paying to pollute: The World Bank backs coal-fired power

It is also supporting Indian plans to build nine new power plants, a project which environmentalists have condemned as one of the biggest new sources of carbon emissions on earth.

In most cases the projects do little to increase access to energy for the very poorest. The committee’s study comes as ministers back costly targets for slashing carbon emissions here by 80 per cent in an effort to combat climate change.

Today’s report warns: ‘The scale of the World Bank’s lending to support fossil fuel powered energy generation is unacceptable and counter-productive to efforts to reduce greenhouse gases.’

Committee chairman Joan Walley urged the Department for International Development to ‘get tough’ with the World Bank and cut off funding unless the institution ‘changes its ways’.

The report is hugely embarrassing for DfID, which is committed to giving the World Bank £2.7billion over the next three years. In a review of aid agencies earlier this year, DfID praised the World Bank as a ‘good performer’.

The study will also raise further questions about the Coalition’s pledge to increase foreign aid spending by 34 per cent to more than £12billion at a time of spending cuts at home.

MPs also heard evidence about the environmental impact of other areas of the World Bank’s work, including funding for drilling for oil in the Amazon, damaging agricultural projects in Peru and offshore oil exploration in Ghana.

DfID is keen to boast about its commitment to tackling climate change. It has more than trebled spending on the problem to £360million in the last four years, and boosted its force of ‘climate advisers’ from 14 to 70.

But the environmental audit committee says this spending amounts to less than five per cent of the department’s budget – and is dwarfed by its commitment to the World Bank.

The committee also points out that of 27 ‘core countries’ now funded by DfID, only nine treat the issue as a priority.

It said the department should ‘put more emphasis on addressing population growth’ (WHERE?) in its efforts to tackle climate change. International Development Minister Stephen O’Brien last night insisted the World Bank was delivering ‘good results for the poorest people’.

But he added: ‘We will continue to pressure the World Bank to improve its environmental credentials, calling on it to invest more in clean energy.’

Hey sleepers, have you worked out yet that the elite don't intend to reduce carbon emissions. All the industry thats moved to the third world still needs cheap energy. Man made global warming is just a way for the elite to tax more money off us.

Enjoy your new found serf status peasants.

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It really does feel like there's a deliberate plan to destroy manufacturing in this country (and others, I know, but I only have personal experience here).

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It really does feel like there's a deliberate plan to destroy manufacturing in this country (and others, I know, but I only have personal experience here).

Thatcher didn't deny it did she. You know, the shift to services was supposed to underpin future economic stability. LOL!

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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