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think

(11,641 posts)
Mon Mar 7, 2016, 11:24 AM Mar 2016

Hillary Showed Support, Associates Profited from Ex-Im Bank Financing World’s Largest Coal Plant

Very in depth article. Worth reading in it's entirety.

Hillary Clinton Showed Support, Associates Profited from Ex-Im Bank Financing World’s Largest Coal Plants in South Africa

By Itai Vardi • Monday, March 7, 2016 - 04:58

In 2009, the South African government announced a major energy plan to construct two new coal-fired power stations. The project, which aimed at building the world’s largest coal plants, came under intense criticism by various governments and climate activists, who saw it as a disastrous blow to the fight against climate change.

Yet newly released emails from presidential candidate Hillary Clinton during her time as Secretary of State, reveal that she acted in support of a World Bank loan for the construction of one of the plants.

Furthermore, a DeSmog investigation finds that the other plant, which received funding from a US government agency led by a close Clinton ally and fundraiser, is being built by an American construction firm tied to another associate of the former Secretary.

These actions seem contrary to Clinton’s tough campaign talk on curbing CO2 emissions and investing in renewable energy. They also raise new questions about Clinton's ties to the revolving door lobbying culture that connects major corporations to top officials in Washington, DC. ...

Read more:
http://www.desmogblog.com/2016/03/07/hillary-clinton-showed-support-associates-profited-building-world-s-largest-coal-plants-south-africa


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