South Africa
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Protesters: Why Lock the World into a Coal-Powered Future?
This post was co-written by Justin Guay of the Sierra Club International Program. The Sierra Club, Friends of the Earth, Pacific Environment, Jubilee USA, groundWork South Africa and dozens of activists joined forces today to protest proposed Export-Import Bank’s financing of the enormously destructive Kusile coal fired power plant in South Africa (see photos here). […]
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Bicycling to Mecca
"You get an opportunity that traveling by plane or car you don't get. And you learn much more, you discover much more about yourself. It was an existential experience."
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Taking on the global energy investment challenge
A report released today provides a progress report on commitments to clean energy development in China, India, Nigeria, and South Africa.
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‘Hands Across the Sand’ protests are a hit [SLIDESHOW]
Code Pink forms the words “End Oil” on Venice Beach, Calif.Photo: Lisa SmithlineProtesters gathered in 860 locations around the world on Saturday, June 26, to protest offshore drilling and call for clean energy. The events are being billed as the largest protests against offshore drilling in history. Although they had an expected anti-BP feel, Hands […]
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Now is the time to shift World Bank resources to clean energy
The World Bank has just announced its intent to seek $86 billion for a general capital increase (the GCI) from its donor countries (see World Bank press release). It is time for the World Bank to become a full part of the solution to global warming, not part of the problem and part of the […]
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World Bank bombs with decision to fund South African coal plant
Today the World Bank approved a loan to build the fourth largest power plant in the world. The project is to be financed with a $3 billion loan to Eskom — the South African electricity company — and is the largest coal-plant loan in the Bank history. The 4,800-megawatt Medupi power plant would emit 25 […]
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World Bank vote gives billions to coal
It's bad news for clean energy and our planet today, as the United States failed to follow its own global warming guidelines. The World Bank today approved a $3.75 billion loan to South African power utility Eskom to help build a 4,800 megawatt coal-fired power plant in Medupi. The funding would also facilitate plans for a second large coal plant in Kusile. The coal plants will be among the largest and most polluting worldwide.
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Without affordable clean alternatives, South Africa turns to coal
South Africa’s finance minister, Pravin Gordhan, has an op ed in the Washington Post that illustrates the multi-faceted challenges facing developing nations as they struggle to provide the affordable access to modern energy needed to pull citizens out of poverty. The piece highlights the current tension between such objectives and simultaneous concerns about the environmental […]
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Stop Government Funding of Coal
This post was co-written by Mark Kresowik, Corporate Accountability and Finance Representative for the Sierra Club Beyond Coal Campaign. “How good will the business judgment of companies that make high-carbon choices now look in five, 10, 20 years, when it becomes clear that heavily polluting infrastructure has become deadly and must be phased out before […]
