Wednesday, September 16, 2009

The World Bank again!!

The World Bank is spending billions of dollars subsidising new coal-fired power plants in developing countries despite claiming that burning fossil fuels exposes the poor to catastrophic climate change.

Although the number of coal fired power plants has slowed in the more prosperous countries many more are being built in poorer countries. China, to name just one country, is building one new coal fired power plant every week.

It is no wonder that global atmospheric carbon levels continue to increase. Not only are they increasing they are increasing at an ever greater rate. There is a growing scientific consensus that the atmosphere level of CO2 must not exceed 350 ppm. Currently it is 385.92 and increasing about 2ppm per year. That means that in 50 years the level could be almost 500 ppm and every atmospheric scientist agrees that this will be a disaster for planet earth.

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