Sunday, 22 October 2017

THE WORLD BANK FAILS THE POOR

This piece explains how Donald Trump and the Global Warming Policy Foundation are both highlighting the failure of the World Bank to help third world countries to use the most cost-effective fuels to get power to their people.  Of course the reason is that they want to force them to develop using wind and solar energy, rather than coal or gas. In other words they are prioritising a hypothetical problem that might affect generations far into the future over the urgent needs of the poor people of today.  

1 comment:

Anonymous said...

Near as I can tell, the reason they are supporting such a horrible policy is because of all the money they think they'll make. It's not because "renewables" are profitable, but because foolish governments pour massive subsidies into them. The dishonestly gained money is more important to them than peoples lives. Very disturbing.