A huge fossil fuel project in East Africa has sparked fierce push back. A string of banks and insurers have refused their backing and environmental groups warn the project is a global warming, ecological and human rights disaster.
The European Parliament adopted a resolution condemning the planned East African Crude Oil Pipeline this week, dealing another blow to the controversial project, which numerous banks and insurers have declined to back.
Peatlands and rainforests in the Congo Basin protect the planet by storing carbon. Now, in a giant leap backward for the climate, they’re being auctioned off for drilling.