Biden promised not to finance fossil fuels. So why is the US backing a huge gas project?
Biden promised not to finance fossil fuels. So why is the US backing a huge gas project?
This direct contradiction of clearly articulated administration policy is possible because because of the bank’s nominal independence. It makes its own decisions and evaluates its own deals—it’s supposed to conduct transactions that support the American economy, free from political interference.
I see you have taken to heart my advice about making more subtle and "what? it's technically true"-defensible postings, that through the phrasing of their headline still feed the narrative that Biden's bad for the climate even though he pushed through a climate bill that's predicted to reduce US emissions by 40% in the next 6 years, and this particular financing deal is only tangentially related to him. (In the article it says the bank is actually forbidden by law from choosing deals to finance or not based on which industry they relate to.)
Name a reasonable (see: electable) alternative who is
Until you can you should probably stfu because if you think it’s better to see Biden lose to trump over Israel, you’re going to be pretty damn disappointed when trump puts boots on the ground to help Israel.