Bush, World Bank pushing bogus “clean energy” funds

AlterNet
by Abid Islam

06/14/08

‘Climate Investment Funds’ to be run by the World Bank and backed by the George W. Bush administration are drawing fire from lawmakers and environmentalists who say the initiatives will accomplish little against global warming. Critics question whether the funds — including a planned 10-billion-dollar Clean Technology Fund — set out a clear way to reduce pollution, whether they provide the right type of financing for poorer countries, and whether the World Bank is the right choice to run them...

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Informant: Thomas L. Knapp



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