Obama’s dirty secret: the fossil fuel projects the US littered around the world
▻https://www.theguardian.com/environment/2016/dec/01/obama-fossil-fuels-us-export-import-bank-energy-projects
Through the US Export-Import Bank, Barack Obama’s administration has spent nearly $34bn supporting 70 fossil fuel projects around the world, work by Columbia Journalism School’s Energy and Environment Reporting Project and the Guardian has revealed.
This unprecedented backing of oil, coal and gas projects is an unexpected footnote to Obama’s own climate change legacy. The president has called global warming “terrifying” and helped broker the world’s first proper agreement to tackle it, yet his administration has poured money into developments that will push the planet even closer to climate disaster.
For people living next to US-funded mines and power stations the impacts are even more starkly immediate.