The World Bank will stop funding oil and gas projects after 2019
The World Bank will stop funding oil and gas projects after 2019
“One of the world’s leading financial institutions just announced plans to stop financing oil and gas projects. Today at the One Planet Summit, the World Bank officially announced that it will quit financing upstream oil and gas after 2019. The announcement is part of their efforts to assist developing countries in meeting the goals of the Paris Accord…”
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23 thoughts on “The World Bank will stop funding oil and gas projects after 2019”
Good for all except the market dollar strength
Gas and oil industry will continue to thrive regardless of what the world bank does, the world bank will continue to fund all the wars, including funding islamic terrorist.
ArtiZen Awww, you dinosaurs are so cute when you get all butt-hurt. Sincerely, the future.
Throwing away the barrels
All sources of energy are useful, its one against all the others or all the others against one, which is more ignorant left and right wing politics, counter productive.
ArtiZen No one is saying one against all the others and vice versa. And NO ONE here, other than you, said any of this is political. It’s not. It’s a matter of facts and science and what’s clean and what’s not and what we need now in order to sustainably provide for the planet’s population growths and increasing life-expectancy. Fossil fuels have had a great 100-year old run. But, well, they’ve had a 100-year old run. And while the world continues to push forward full bore ahead and embrace renewables (hell, even Saudi Arabia for chrissakes have just build the world’s largest solar farm and announced plans for a mega-city powered completely by renewables…yes, SAUDI ARABIA!!!), we will soon find ourselves stuck in that past all by ourselves if we don’t take charge now. The demands for fossil fuels have been dying since the 70s, and exponentially since the early 2000s. Ignoring those numbers is just purely irresponsible. And if we do, we’re positioning ourselves to be the ones playing catch-up.
Carbon fiber and 3d printing could use a 100 years to begin today
Wasim Muklashy Climate changes, nothing man is going to do, can stop nature from doing what nature has been doing long before man or industry, this is also a scientiffic fact, 6 mass extinction, before human existed..Keep the save the earrh and humanity speeches, which is slowly becoming another religion, peddling new false promises, about the salvation of man and the planet, man has enough religions or organized superstitions, fueling more then enough insanity and false hope..All rooted in the very same pathology fear of death, that every other peddles to recruit new converts, that and the doctrine of unearned guilt, now preaching, that you are guilty of destroying the planet of you dont recycle or you drive a car that runs on that evil fossil fuel..THE NEW DOCTRINE OF UNEARNED GUILT.
ArtiZen …says the non-scientist peddling the wares he was peddled…
Wasim Muklashy Is your new climate change cult building getting ready to build a new Ark, to save humanity, because its standard for every religious cult, to preach gloom and doom to win new converts, this time, the clergy are the scientist, that voted to form a consensus, creating a new commandment, thou shalt not doubt the science of climate change consensus..
ArtiZen See, that’s the thing, we’re not practicing doom and gloom, we’re actually designing, offering, and creating solutions to avoid it. So yes, our ark is solar, wind, geothermal power if you must go the religious nonsense route. And by the way, the original cult leaders were none other than your beloved oil companies. Here it is in Shells own words… youtube.com – Climate of Concern – Royal Dutch Shell (1991)
And yet you claim and consistently accuse the industrial designers of destroying the climate, but wait the new designers will save us all including the planet..Enjoy your new cult my friend, for myself its stop trying to save the planet or humanity, instead practice tolerance, release the desire for greater control and regulation, that only lead to greater resistance and fuel more conflict, live a simple life..
Better sanitation, smaller homes, local trade production and trade is the healthier more natural way of living, then all the globalization..Deveioping small communities where people can walk without having to drive cars or even taking a bus, is much better than all the talk about electrics cars and anti-fossil fuel gloom and doom cult that is spreading unrealistic fear, through the world..Simplicity is the most natural way to go, live and thrive..
Throw it all away by the barrels
Jon Wayne I can see, the negative effects, that social media and the new climate cult, relentlessly preaching gloom and doom irrationalization is having on your mind and the minds of millions of others..The new save the planet cult, is using the very same doctrine of unearned guilt and sin, as a recruiting ad, no different than organized religion, the new savior is solar and wind power, the new heaven is eternal life in heaven and the new clergy are the liberal scientist, a new political wing of the left, yes the right has their scientist as well, that the left call the enemies of the planet..
ArtiZen What scientists does the ‘right’ have that have studied the climate and come to different conclusions? Please cite sources and actual names.
Energy saves the world
Please explain the 6 mass extinctions, that happed millions of years before human beings or what is known today as human industry and pollution..Man is not going to save the planet, climate change is as natural as human aging and death, which cannot change or end..The planet ages just like the human cells and eventually the cells die, perhaps a new earth will evolve, with new life, after the next mass extinctions thats coming and cannot be stopped with science.
Entropy cannot be slowed but not stopped, fear of death, the unknown fueled the creation of religion and superstition, now you have fear fueling climate science, selling a form of salvation for man, for the planet, fear makes for a poor companion, fueling all kinds of irrational behavior, while selling false hope..
محمد عثمان كرب