The Angry Mermaid Strikes Back

November 16, 2009By Andy RowellBlog Post

All the news reports this morning are that a deal at Copenhagen is dead. Barack Obama has said that we had run out of time to secure a deal in December. This will please the corporate lobbyists no end.  The longer they can delay action on climate the better. But now Copenhagen’s iconic mermaid is … Read More

World Bank lending for coal up 256%…

October 8, 2008By Steve KretzmannBlog Post 1 Comment

Relying exclusively on the World Bank’s own figures, a new analysis shows World Bank Group lending to coal, oil and gas is up 94% from 2007, reaching over $3 billion.  Coal lending alone has increased an astonishing 256% in the last year. This is the same World Bank that would like to lead – and … Read More

Carbon Credits: Getting Money for Nothing…

June 6, 2008By Andy RowellBlog Post

Evidence of serious flaws in the multi-billion dollar global market for carbon credits has been uncovered by a BBC World Service investigation. The credits are generated by the UN Clean Development Mechanism (CDM) scheme. The mechanism gives firms in developing countries financial incentives to cut greenhouse gas emissions. But in some cases, carbon credits are … Read More