I guess with so many new coal fired power stations being built someone will have to supply them in the near future.
Part of SMH article today.
The World Bank said this week that $US3.4 billion ($3.6 billion) - or a quarter of all funding for energy projects - was spent in the year to June helping to build new coal-fired power stations, including the controversial Medupi plant in South Africa.
However, the Bank Information Centre, which examined the spending, disagreed and said the figure invested in coal was $US4.4 billion.
The discrepancy is due to the World Bank not including in its figure a $US1 billion project in India which is funding power transmission networks for coal-fired power stations rather than the stations themselves.
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