BHP Billiton
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The Bank Loan That Could Break South Africa's Back By Patrick Bond
Notwithstanding South Africa’s existing $75 billion foreign debt, last Thursday the World Bank added a $3.75bn loan to Eskom for the primary purpose of building the world’s fourth-largest coal-fired power plant, at Medupi, which will spew 25 million tons of the climate pollutant carbon dioxide each year. Continue reading
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South Africa: Momentum against climate-destroying World Bank loan grows By Patrick Bond
In an indication that the climate justice movement is broadening, deepening and going local, there is now intense opposition to a climate-destroying energy loan for South Africa. The campaign is led by community activists in black townships allied with environmentalists, trade unionists and international climate activists. Continue reading
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The Fateful Geological Prize Called Haiti By F. William Engdahl
Behind the smoke, rubble and unending drama of human tragedy in the hapless Caribbean country, a drama is in full play for control of what geophysicists believe may be one of the worlds richest zones for hydrocarbons-oil and gas outside the Middle East, possibly orders of magnitude greater than that of nearby Venezuela. Continue reading