“China is the world’s second-largest economy, yet it continues to profit off World Bank and Asian Development Bank loans largely funded by American taxpayers,” said Senator Barrasso.
“Developing countries desperately need affordable and reliable energy. Instead of promoting valuable energy projects, the World Bank continues to boycott coal power generation, oil and gas production and nuclear energy projects. This bill will force the hand of the World Bank and any financial institutions that choose to play politics with the lives of those dependent on these critical energy projects" says Senator John Barrasso.
Many ranchers and farmers have successfully negotiated with wind developers and are enhancing the ability of their lands to provide income for their families