Apr 23, 2010
Just how dangerous is the World Bank and its neo-conservative president Robert Zoellick to South Africa and the global climate? Notwithstanding South Africa's existing US$75 billion foreign debt, on April 8 the bank added a $3.75 billion loan to South Africa's electricty utility Eskom for the primary purpose of building the world's fourth-largest coal-fired power plant, at Medupi. It will spew 25 million tons of the climate pollutant carbon dioxide into the air each year.
































