In the globaliztion game of World Bank financing for fossil fuels, the biggest winners are some of the largest transnational corporations. A list about the facts of these fossil fuel welfare kings from 1992 to August 2002 is exposed in this report.
Enron’s collapse calls into question the policy of energy deregulation and so long as the World Bank, IMF, WTO, U.S. Government and corporations continue to advance this agenda of energy and power deregulation, all signs suggest that future
Chevron’s alleged human rights abuses in the Niger Delta and involvement in the Chad-Cameroon pipeline consortium highlights the need for the World Bank to screen for human rights abuses when it makes loans or investments.
An overview of World Bank fossil fuel financing from 1992-97