David Roberts

David Roberts

Energy, politics, and more

David Roberts is a staff writer for Grist. You can follow his Twitter feed at twitter.com/drgrist.

Oprah, light bulbs, and global warming

Well, I still haven't managed to find a copy of the whole show (where's the bit torrent community when I need it?), but I went and flipped through Oprah's "Global Warming 101" website and watched the video of Leo DiCaprio leading a tour of a green home. It's all quite good. I'll say, echoing Chris, that Oprah deserves enormous credit for bringing this issue to her huge audience in a way they can grasp. The combination of solid (if simplified) science and sexy celebrity is just the ticket. So kudos, Oprah. That said, what really struck me is the jarring disjoint between the problem described -- a decades-long warming of the entire planet's atmosphere -- and the chipper suggestions of What You Can Do -- namely, switch out your light bulbs.

From a Sage Francis song

"I'm leaving naysayers stumped like rain forests" Gotta love hip-hop.

The World Bank and clean energy

It’s not meeting its own weak targets

In 2000, in response to worries that World Bank investments in extractive fossil-fuel projects were exacerbating poverty and degrading the environment, then-WB president James Wolfensohn conceived an independent review to investigate the legitimacy of the concerns. In 2001, he launched the review and appointed Emil Salim, former environment minister of Indonesia, to lead it. The Extractive Industries Review was completed in December 2003. The review confirmed the worst accusations of World Bank critics. Its recommendations were, at least in terms of the status quo, fairly radical, urging a substantial reduction in fossil-fuel investments and increase in renewable energy investments. In September 2004, after several delays, World Bank management issued its formal response (press release; full PDF), rejecting most of the recommendations. In particular, it elected not to cease investing in fossil-fuel extraction. To avoid unpleasant optics, management did pledge to increase investment in clean energy. Specifically, it pledged to increase such investments by 20% every fiscal year. So how's it doing with that? According to Friends of the Earth (press release; full report), not so well: The report finds that the World Bank, despite being tapped by the G8 countries to develop a framework for financing renewable energy sources, fell far short of its own target for increasing financial support for renewable energy and energy efficiency. The Bank increased funding by only 7 percent, or $14 million, in fiscal year 2005 -- less than half its announced target of a 20 percent increase annually over the next five years. The renewable and efficiency financing by the World Bank for fiscal year 2005 represents only 9 percent of all the Bank's financing in the energy sector. Meanwhile, the Bank continues to finance fossil fuel pipelines and is making a move back into destructive large dams for energy generation in developing countries.

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