Bangladesh: protests against GCM Resources subsidiary Asia Energy
London-based GCM Resources is still hoping that subsidiary Asia Energy can open an opencast mine at Phulbari in Bangladesh. But there is still strong opposition. Oil-gas body wants Phulbari deal implemented The national committee to protect oil, gas, mineral resources, power and ports has expressed its dissatisfaction at the non-implementation of the Phulbari agreement signed [...]
Extract coal in Bangladesh regardless of damages: Selim
An MP from Bangladesh’s ruling Awami League, Sheikh Fazlul Karim Selim, has spoken out strongly in favour of coal extraction regardless of any environmental damage it may cause. The senior leader also criticised those protesting coal extraction, especially through open-pit method, and said extraction was necessary to boost power generation. Asia Energy, owned by London-based [...]
Open-pit coalmining at Phulbari not feasible
The geological and hydro-geological environment of the Phulbari coal basin is not favourable for open-pit mining, writes AKM Shamsuddin. But Asia Energy, owned by London-listed GCM Resources, is determined to proceed with just such a mine. See http://www.newagebd.com/2010/may/21/edit.html#2.
Bangladesh Government accused of pursuing multinationals’ agenda
The National Committee to Protect Oil, Gas, Mineral Resources, Power and Port odemanded that the government provide an immediate solution to the country’s nagging power crisis instead of indulging in ‘propaganda for multinational corporations’ – including London-listed GCM Resources. See http://www.newagebd.com/2010/may/12/nat.html#2.
Global Climate Battle Plays Out In World Bank
Of course, South Africa shouldn’t be building a huge new coal-fired power plant, should it? Environmental groups are right to protest at World Bank funding for such a construction. Nonetheless, we might raise our eyebrows at news that the US and UK governments might vote against the US$3.75 billion plant, on grounds that it won’t [...]
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