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London Says, $1 Billion To Shut All Your Coal Plants Is a 'Just Transition'


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London Says, $1 Billion To Shut All Your Coal Plants Is a ‘Just Transition’
Jan 25 , 2021 (EIRNS) On Jan 20, the U.K.’s CDC Group the government-owned “investment” arm of the Foreign Office, founded in 1948, with a special focus on Africa and South Asia (and nothing to do with public health). On Jan. 19, the Grantham Research Institute of London School of Economics and CDC Group hosted a webinar of the Just Transition Financial Roadmap, launched in 2018 by the Grantham Research Institute on Climate Change and Environment and Initiative for Responsible Investment at the Harvard Kennedy School. The webinar, “Just Transition Finance Roadmaps in South Africa and India: Project Launch,” led in establishing a $1 billion fund for “sustainable” investments, in their words, “facilitate a just transition to zero emissions growth in the coal-dependent economies of South Africa and India.” Joining these Malthusians in their la ....

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