The Center for International Environmental Law (CIEL), a leading non-profit that uses international law to defend the right to a healthy planet, has announced the release of a new report, 'Fossilized Thinking: The World Bank, Eskom, and the Real Cost of Coal'. The report examines the economics underlying the Bank’s $3 billion loan to support a massive new coal-fired plant in South Africa. Specifically, the report evaluates whether the Bank adequately considered the impacts the 4,800 MW Eskom Project will have on human health and the environment and the likely economic costs of these impacts. The Bank’s operational policies require that these ‘externalities’ be taken into account to determine whether a project’s long-term economic benefits outweigh its costs. CIEL’s analysis reveals that, at least in this case, the Bank failed to adequately address and quantify important negative environmental effects, such as water scarcity and quality, air quality, and transboundary impacts.