Posted on 03/26/2015 5:27:15 AM PDT by thackney
Despite mounting protests, Japan continues to finance the building of coal-fired power plants with money earmarked for fighting climate change, with two new projects underway in India and Bangladesh, The Associated Press has found.
The AP reported in December that Japan had counted $1 billion in loans for coal plants in Indonesia as climate finance, angering critics who say such financing should be going to clean energy like solar and wind power.
Japanese officials now say they are also counting $630 million in loans for coal plants in Kudgi, India, and Matarbari, Bangladesh, as climate finance. The Kudgi project has been marred by violent clashes between police and local farmers who fear the plant will pollute the environment.
Tokyo argues that the projects are climate-friendly because the plants use technology that burns coal more efficiently, reducing their carbon emissions compared to older coal plants. Also, Japanese officials stress that developing countries need coal power to grow their economies and expand access to electricity....
(Excerpt) Read more at utsandiego.com ...
Japan sees this as very green because the plants are built far away from Japan.
Perhaps the Climate Cash is in US Dollars.
Dollars are green.
Huge difference in coal emissions between new and older coal plants.
I agree. Sorry, I should have put a sarcasm notation on this. I don’t think any country really wants to belch out pollution, if they could help it.
There is a theory as valid as any other that increased co2 emissions are absorbed regionally by the ground plants and trees making things greener.
It doesn’t take a computer model to know that plants love co2.
Sounds like Japan has decided that they do not want to destroy their entire country to pacify the Greenies.
They don’t get it, Japan wants the planet warmer and wants to keep the Chinese busy /sarc
Great another market for US coal !
[ Japan sees this as very green because the plants are built far away from Japan. ]
The Japanese ain’t fools... well.... aren’t THAT foolish
Unlike US who are complete fools shutting down green coal plants so China can open dirty ones and then not developing Molten Salt Reactors so guess who is developing them now.... CHINA....
[ They don’t get it, Japan wants the planet warmer and wants to keep the Chinese busy /sarc ]
It is COLD in Hokkaido in the winter.... Imagine all the warmer weather crops they can raise there if the earth was a few degrees warmer!
/sarc
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