Thursday, September 24, 2009

The Hypocrisy in Global Warming

We all know, or at least we should know, that global warming is just a stick used by developing countries to beat up the developed world.

And to prove it, here's the World Bank.

It says that the world must reduce its dependence on fossil fuels, but it is funding several giant coal-burning plants that will each emit millions of tons of carbon dioxide a year for the next 40 to 50 years.

Last year the bank and its partner, the Asian Development Bank, approved $85 million in loans to finance a coal-fired plant in Gujarat, western India.

The bank is also contributing $5 billion towards South Africa’s power generation expansion plan, which includes six coal plants.

You can find the article here.

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