Tuesday, April 8, 2008

Green groups seek delay on coal project

(WASHINGTON) Environmental groups called on the World Bank to delay a decision yesterday on funding for a US$4.2 billion coal-fired power plant in India until more analyses of costs and environmental impact are done. In a letter to the United States representative at the World Bank, Whitney Debevoise, six environmental groups said the bank could not effectively fight climate change while also funding high carbon-emitting projects, such as the 4,000-megawatt Tata Mundra coal project in Gujarat state.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,274344,00.html?

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