poverty at Oil Change

Archive for the 'poverty' Category

World Bank Pulls out of Chad Pipeline

1 Comment Published by Andy Rowell September 10th, 2008 in African Oil, World Bank, poverty

It was meant to be the test-case that showed that oil could benefit the poor of Africa. It was one of the World Bank’s biggest ever investments on the continent.
But yesterday, the Bank pulled the plug on the infamous agreement with Chad over the Chad-Cameroon pipeline and repeated failed promises to […]

Biofuels Forcing 30 Million into Poverty

1 Comment Published by Andy Rowell June 25th, 2008 in Biofuels, poverty

As the global food crisis worsens, the aid agency Oxfam has warned that the replacement of traditional fuels with biofuels has dragged more than 30 million people into poverty.
Oxfam has re-iterated what many people have been saying for a while that so-called “green policies” in developed countries are contributing to the world’s soaring food prices, […]