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Posted Sat Apr 3 2010: from Guardian:
South Africa is becoming a high-carbon zone to attract foreign investment
With its sky-high poverty levels and average life expectancy of just 51 years, South Africa is not a country we generally associate with extravagant binge-flying lifestyles, turbo-consumerism, and shopping trips to New York. How bizarre then that per capita carbon emissions in South Africa are now higher than in many European countries. While most South Africans are unlikely to ever own a plasma screen TV or Hummer, their carbon footprints still appear to be only slightly less than your average Japanese, and their national carbon emissions are now greater than those of France. The situation becomes more comprehensible when you look at South Africa's industrial base, with 60 percent of South Africa's electricity being guzzled by heavy industry, and most of that comes from dirty coal. Now this key global climate player wants another coal station that would pollute as much as the two dirtiest plants in Britain put together, and cause a further surge in its national emissions - and they want you to pay for it. Far from benefiting ordinary South Africans, they will also be forced into subsidising this artificially low-cost electricity, for the benefit of multinational mining companies. It's no wonder that African civil society movements are leading the opposition to this development.... That's why it's so odd that western governments, including our own, now seem determined to egg them on by making a $3.7bn (£2.4bn) World Bank loan to the South African state-owned power company Eskom to help build one of the most polluting power stations in the world. With one hand the government complains about major emerging economies not doing enough to embrace low-carbon development, while at the same time, it directs money that's meant for aid, into dirty coal developments that power the international mining industry.
[Read more stories about: coal issues, governmental corruption, carbon emissions, short-term thinking]

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'Doc Michael says:
Maybe this is the World Bank's way of saying "let's get this over with."

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