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Secret Pentagon UFO Program Revealed, CDC Bans Seven Words, NYC Murders at Record Low
December 26, 2017

Dear friends,

Secret Pentagon UFO Program

Explore below key excerpts of revealing news articles on a secret Pentagon program to investigate reports of unidentified flying objects, a new ban ordered by the Trump administration on seven common words at the Centers for Disease Control and Prevention, people being jailed for refusing to vaccinate their children, and more.

Read also wonderfully inspiring articles on the drop in New York City's murder rate to what will be an all-time low if current trends hold through 2017, a study ranking the top 100 most "just" U.S. companies, World Bank Group's pledge to stop investing in oil and gas exploration, and more. You can also skip to this section now.

Each excerpt is taken verbatim from the major media website listed at the link provided. If any link fails, see this page. The most important sentences are highlighted. And don't miss the "What you can do" section below the summaries. By educating ourselves and spreading the word, we can and will build a brighter future.

With best wishes for a transformed world,
Mark Bailey and Fred Burks for PEERS and WantToKnow.info

Please Help – We're Very Close! We are only $2,000 from ending the year in the plus column financially. There are only a few days to go. Could you please help us to make it? Click here to make a tax-deductible contribution and make our day. And have a great last few days of the year!

Important breaking news: Big changes appear to be brewing beneath the surface. WantToKnow.info founder Fred Burks highly recommends at least skimming through the recent post by deep state researcher David Wilcock on this webpage. The executive order on the White House website issued on Dec. 20th is powerful evidence supporting Wilcock's claims. See also this article in the UK's Daily Mail which questions why Hillary Clinton is still wearing a surgical boot two months after breaking her toe. And John McCain's surgical boot mysteriously changed feet, as pointed out in this MSN article. Could these boots be hiding a GPS monitoring bracelet? This article on the DOD website says the Pentagon will perform its first real audit ever. More here. We live in exciting times!

Special note: This video raises questions about the link between vaccines and SIDS (Sudden Infant Death Syndrome). Watch a great two-minute video on a new movement to protect whistleblowers. A trailer for the upcoming film "A Good American" reveals a program which would have uncovered 9/11 before it happened and how it was shut down. Watch the great six-minute video "Making a Killing" on major corruption in the psychiatric industry.

Quote of the week: "Love comes to those who still hope even though they've been disappointed, to those who still believe even though they've been betrayed, to those who still love even though they've been hurt."  ~  Anonymous

Video of the week: Watch an excellent seven-minute video which has over one million views on the impossible way a man's son was killed in the lobby of the WTC on 9/11. Then read an excellent article on decorated hero William Rodriguez, who saved over a dozen people the morning of 9/11, who has no doubt bombs went off in the base of the first tower hit before the plane struck.


Glowing Auras and ‘Black Money’: The Pentagon’s Mysterious U.F.O. Program
December 16, 2017, New York Times
https://www.nytimes.com/2017/12/16/us/politics/pentagon-program-ufo-harry-reid...

In the $600 billion annual Defense Department budgets, the $22 million spent on the Advanced Aerospace Threat Identification Program was almost impossible to find. Which was how the Pentagon wanted it. For years, the program investigated reports of unidentified flying objects. It was run by a military intelligence official, Luis Elizondo, on the fifth floor of the Pentagon’s C Ring. The Defense Department has never before acknowledged the existence of the program, which it says it shut down in 2012. But its backers say that, while the Pentagon ended funding for the effort at that time, the program remains in existence. The shadowy program ... was largely funded at the request of Harry Reid, the Nevada Democrat who ... has long had an interest in space phenomena. Most of the money went to an aerospace research company run by a billionaire entrepreneur ... Robert Bigelow. The program produced documents that describe sightings of aircraft that seemed to move at very high velocities with no visible signs of propulsion, or that hovered with no apparent means of lift. Officials with the program have also studied videos of encounters between unknown objects and American military aircraft. Two other former senators and top members of a defense spending subcommittee - Ted Stevens, an Alaska Republican, and Daniel K. Inouye, a Hawaii Democrat - also supported the program. None of the three senators wanted a public debate ... about the funding for the program, Mr. Reid said. “This was so-called black money,” he said.

Note: Watch a CNN interview with the Navy Pilot who spotted something he is convinced was not of this world. This appears to be part of a planned roll out so that the public becomes more comfortable with the existence of UFOs. For more along these lines, see concise summaries of deeply revealing UFO news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our UFO Information Center.


Pentagon confirms secret program on UFO sightings since 2007; official wants data released
December 16, 2017, Chicago Tribune
http://www.chicagotribune.com/news/nationworld/ct-pentagon-ufo-sightings...

Just before leaving his Defense Department job two months ago, intelligence officer Luis Elizondo quietly arranged to secure the release of three of the most unusual videos in the Pentagon's secret vaults: raw footage from encounters between fighter jets and "anomalous aerial vehicles" - military jargon for UFOs. In interviews, he said his ultimate intention was to shed light on a little-known program Elizondo himself ran for seven years: a low-key Defense Department operation to collect and analyze reported UFO sightings. The existence of the program, known as the Advanced Aviation Threat Identification Program, was confirmed officially for the first time Saturday by a Pentagon spokesman. Spending for the program totaled at least $22 million. The funding officially ended in 2012. But officials familiar with the initiative say the collection effort continued as recently as last month. The program operated jointly out of the Pentagon and, at least for a time, an underground complex in Las Vegas managed by Bigelow Aerospace, a defense contractor that builds modules for space stations. It generated at least one report, a 490-page volume that describes alleged UFO sightings in the United States and numerous foreign countries over multiple decades. The first public revelations of the program came in a video conference aired in October by To the Stars Academy for Arts and Sciences, the firm Elizondo joined as a consultant after retiring from his Pentagon job.

Note: Elizondo is one of a several former government officials now employed by To the Stars Academy for Arts and Sciences, which claims it will "advance research into unexplained phenomena and develop related technology." Watch an excellent 8-minute video showing that something is fishy about this company. For more along these lines, see concise summaries of deeply revealing UFO news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our UFO Information Center.


On the Trail of a Secret Pentagon U.F.O. Program
December 18, 2017, New York Times
https://www.nytimes.com/2017/12/18/insider/secret-pentagon-ufo-program.html

Our readers are plenty interested in unidentified flying objects. We know that from the huge response to our front-page Sunday article ... revealing a secret Pentagon program to investigate U.F.O.s. The piece, by the Pentagon correspondent Helene Cooper, the author Leslie Kean and myself ... has dominated the most emailed and most viewed lists since. So how does a story on U.F.O.s get into The New York Times? The journey began two and a half months ago with a tip to Leslie, who ... published a 2010 New York Times best seller, “UFOs: Generals, Pilots and Government Officials Go on the Record.” In a Pentagon City hotel with several present and former intelligence officials and a defense contractor, she met Luis Elizondo, the director of a Pentagon program she had never heard of: the Advanced Aerospace Threat Identification Program. She learned it was a secret effort ... starting in 2007, to investigate aerial threats including what the military preferred to call “unidentified aerial phenomena.” This was big news because the United States military had announced as far back as 1969 that U.F.O.s were not worth studying. A few days later Mr. Elizondo and others there ... announced they were joining a new commercial venture, To the Stars Academy of Arts and Science, to raise money for research into U.F.O.s. I had known Leslie for years, and she told me this looked like a story for The Times. I agreed.

Note: Listen to the New York Times 'The Daily' podcast titled "The Pentagon's UFO Program." To the Stars Academy for Arts and Sciences was reported to have several former government officials with insider knowledge of UFOs on its payroll. Watch an excellent 8-minute video showing that something is fishy about this company. For more along these lines, see concise summaries of deeply revealing UFO news articles from reliable major media sources. Then explore the excellent, reliable resources provided in our UFO Information Center.


CDC gets list of forbidden words: Fetus, transgender, diversity
December 15, 2017, Washington Post
https://www.washingtonpost.com/national/health-science/cdc-gets-list-of...

The Trump administration is prohibiting officials at the nation’s top public health agency from using a list of seven words or phrases - including “fetus” and “transgender” - in official documents being prepared for next year’s budget. Policy analysts at the Centers for Disease Control and Prevention in Atlanta were told of the list of forbidden words at a meeting Thursday. The forbidden words are “vulnerable,” “entitlement,” “diversity,” “transgender,” “fetus,” “evidence-based” and “science-based.” The Department of Health and Human Services, which oversees the CDC, “will continue to use the best scientific evidence available to improve the health of all Americans,” HHS spokesman Matt Lloyd [said]. It’s likely that other parts of HHS are operating under the same guidelines regarding the use of these words. At the CDC, several offices have responsibility for work that uses some of these words. The National Center for HIV/AIDS, Viral Hepatitis, STD, and TB Prevention is working on ways to prevent HIV among transgender people and reduce health disparities. The CDC’s work on birth defects caused by the Zika virus includes research on the developing fetus. The ban is related to the budget and supporting materials that are to be given to the CDC’s partners and to Congress. The budget blueprint is generally shaped to reflect an administration’s priorities. The reaction of people in the meeting was “incredulous,” [a CDC] analyst said. “It was very much, ‘Are you serious? Are you kidding?’”

Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the scientific community.


Is It a Crime to Avoid Vaccines? People Who Refuse Are Being Punished With Jail and Job Loss
December 5, 2017, Newsweek
http://www.newsweek.com/sending-parents-jail-refusing-vaccinate-doesnt-work...

Don’t want to get a vaccine for yourself or your child? Prepare to face the consequences. In the last month, a Detroit mother went to jail because she refused to vaccinate her child. Fifty people lost their jobs at a group of Midwestern hospitals and clinics because they declined a flu shot. And an Oregon university has blocked students from registering for classes unless they have a meningitis shot. All states have some vaccine requirements for public education—no shots, no school. All but three states - Mississippi, West Virginia and California - allow parents to send their child to school without vaccines based on some kind of non-medical exemption. In 2013, more than 90 percent of American children had been vaccinated for chicken pox, hepatitis B, measles, mumps and rubella, according to the Centers for Disease Control and Prevention. However, a significant number of people ... hesitate when a doctor offers them a vaccine. A new study released on Monday found that 27 percent of the parents surveyed could be classified as moderately or highly hesitant around vaccines. That same study found these people may be particularly concerned with the purity of vaccines. Increasingly, parents who choose not to vaccinate are warned of harsh penalties. People who choose not to vaccinate themselves may also face serious consequences. Some states have laws guiding which vaccinations people working at hospitals or other health care facilities must have; more often, requirements may be enshrined in a facility's policy, not in law.

Note: For more along these lines, see concise summaries of deeply revealing vaccine controversy news articles from reliable major media sources.


Record sexual harassment settlement exposes byzantine congressional process
December 21, 2017, NBC News
https://www.nbcnews.com/politics/congress/record-sexual-harassment-settlement...

Of all the secret deals cut on behalf of accused members of congress, the one that resulted in the largest settlement yet uncovered may be the most surprising. With new harassment accusations being revealed on a nearly daily basis in Congress, documents obtained by NBC News from this one case shed light on how taxpayer money ends up being used to essentially sweep such incidents under a bureaucratic rug. In 2011, Winsome Packer, a congressional staffer who worked for the United States Commission on Security and Cooperation in Europe ... filed a complaint against the commission, alleging that its chairman at the time, Rep. Alcee Hastings, D-Fla., made unwanted sexual advances toward her and that she was threatened with retaliation. The details ... are recorded in the complaint she also brought in the U.S. District Court for the District of Columbia. The [House Ethics Committee] closed the case after finding that while the congressman admitted to having made some unprofessional comments, it had found “no additional evidence supporting [Packer’s] allegations.” The federal court also dismissed the case. So how did Winsome Packer end up getting a $220,000 taxpayer-funded settlement in May 2014? And why was that payment, settling sexual harassment claims against a member of the House of Representatives, not included in a disclosure ... of all such settlement payments in the last five years, provided by Congress’ Office of Compliance, the congressional office that approved the payment?

Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and sexual abuse scandals.


Congressional complaint office refuses to release data on sexual harassment settlements
December 19, 2017, NBC News
https://www.nbcnews.com/storyline/sexual-misconduct/congressional-complaint...

The office that receives complaints from Congressional staffers on sexual harassment has refused to release information on settlements in the Senate, keeping secret the amount of taxpayer money spent to quiet such claims. Sen. Tim Kaine, D-Va., asked the Office of Compliance on Dec. 6 to release the number of sexual harassment claims filed against a senator or his or her staff between 2007 and 2017. He also asked for the dollar amounts of the settlements and said he would make the information public. Susan Grundmann, executive director of the OOC, said [that] the statute that created the Office of Compliance prohibits her from releasing the data. "The OOC provided ... a statistical breakdown of settlement amounts involving Senate employing offices from 1997-2017. That information represents the full extent of what we can provide," Grundmann wrote. Kaine ... wasn’t satisfied with Grundmann’s response. In a statement, Kaine said that by not releasing the names of the accused or the accusers, no privacy rights would be violated. The OOC’s response seems to be inconsistent. The office released five years of data in settlements with House offices to the House Administration Committee and is expected to release the first 15 years as well. The only public information surrounding Senate settlements is a $220,000 payment in 2014. Even though the accused was a congressman, Rep. Alcee Hastings, D-Fla., the case was finally resolved with the Senate Chief Counsel for Employment office.

Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and sexual abuse scandals.


'Changes must be made': Shocking Australian child abuse inquiry ends
December 14, 2017, CNN News
http://www.cnn.com/2017/12/14/asia/australia-child-abuse-hearing-conclusion...

Children are still being sexually assaulted in Australian institutions. That was the stark warning of an exhaustive five-year investigation by an Australia Royal Commission into institutional child sex abuse that concluded Thursday. Hon Justice Peter McClellan, who has headed the investigation, said the "nation thanks the survivors" who gave testimony about decades of systematic abuse and cover-ups in religious and state institutions such as churches, youth groups, care homes and schools. More than 8,000 people gave evidence in private sessions, and 2,559 referrals were made to authorities. "The sexual abuse of children is not just a problem from the past. Child sexual abuse in institutions continues today," said McClellan. "In some case studies into schools the alleged abuse was so recent that the children are still attending school." McClellan singled out the Roman Catholic Church in particular for often putting reputation above the safety of children in what they found to be decades of systematic sexual abuse. Earlier this year the commission released shocking statistics that 7% of Catholic priests, working between 1950 and 2009, have been accused of child sex crimes. In total, 4,444 alleged cases were recorded. Many cases are continuing to be heard through the courts as a result. Earlier this year 85 recommendations were made ahead of the final findings in a criminal justice report issued by the commission, including the fact priests should be charged for failing to report child sexual abuse spoken of in a confession box.

Note: Watch an excellent segment by Australia's "60-Minutes" team "Spies, Lords and Predators" on a pedophile ring in the UK which leads directly to the highest levels of government. A second suppressed documentary, "Conspiracy of Silence," goes even deeper into this topic in the US. For more, see concise summaries of deeply revealing sexual abuse scandal news articles from reliable major media sources.


‘Medical marijuana has no public health risks’ should not be withheld from patients’
December 19, 2017, The Guardian (One of the UK's leading newspapers)
https://guardian.ng/features/health/medical-marijuana-has-no-public-health...

After months of deliberation and investigation, the WHO has concluded that cannabidiol (CBD) is a useful treatment for epilepsy and palliative care, and does not carry any addiction risks. The organization is set to run a fuller review of cannabis next year. The report ... also recommended imposing the strong restrictions available on fentanyl, a synthetic opioid which has killed thousands of people in America’s drug addiction epidemic. “There is increased interest from Member States in the use of cannabis for medical indications including for palliative care,” the report said. “Responding to that interest and increase in use, WHO has in recent years gathered more robust scientific evidence on therapeutic use and side effects of cannabis and cannabis components.” In conclusion, the authors wrote: “Recent evidence from animal and human studies shows that its use could have some therapeutic value for seizures due to epilepsy and related conditions.” They added that ‘current information does not justify scheduling of cannabidiol’, and declared that taking medical marijuana will not lead to addiction to THC, the psychoactive property of cannabis that induces a ‘high’.

Note: More people are arrested in the US for marijuana use than for all violent crimes combined and the US federal government continues to regard non-psychoactive CBD as a dangerous drug. The UK government recently announced it will regulate CBD as medicine. For more along these lines, see concise summaries of deeply revealing health news articles from reliable major media sources.


E.P.A. Contractor Has Spent Past Year Scouring the Agency for Anti-Trump Officials
December 15, 2017, New York Times
https://www.nytimes.com/2017/12/15/us/politics/epa-scott-pruitt-foia.html

One of the top executives of a consulting firm that the Environmental Protection Agency has recently hired to help it with media affairs has spent the past year investigating agency employees who have been critical of the Trump administration, federal records show. The firm, Definers Public Affairs ... specializes in conducting opposition research, meaning that it seeks to find damaging information on political or corporate rivals. A vice president for the firm, Allan Blutstein, federal records show, has submitted at least 40 Freedom of Information Act requests to the E.P.A. since President Trump was sworn in. Many of those requests target employees known to be questioning management at the E.P.A. since Scott Pruitt, the agency’s administrator, was confirmed. Mr. Blutstein, in an interview, said he was taking aim at “resistance” figures in the federal government, adding that he hoped to discover whether they had done anything that might embarrass them or hurt their cause. Jahan Wilcox, a spokesman at the E.P.A., said [Definers] signed a $120,000 no-bid contract to monitor and collect news coverage about the agency. The contract, which was awarded this month, is part of an unconventional news media operation that Mr. Pruitt has set up at the agency as he tries to get a handle on the coverage of him by newspapers, including The New York Times, and criticism by Democrats in Congress and environmental groups.

Note: The EPA is one of three federal agencies reported to have been "gagged" by the Trump administration. For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the manipulation of public perception.


Key Articles From Years Past


Widows' Demand: What Killed Area 51 Workers?
September 21, 1997, Seattle Times/Washington Post
http://community.seattletimes.nwsource.com/archive/?date=19970921&slug=2561602

In her tidy trailer, the widow dabs at her eyes. She loved [Walter S. Kasza] for more than four decades ... and Stella Kasza wants you to know that, damn it, he existed. He died in April 1995, a wraith, 73 years old. Bill Clinton did not kill Wally Kasza, but he has been forced to deal with his widow. The administration maintains an abiding interest in the lawsuit Stella Kasza has brought against the federal government. Under a "presidential determination" that he must renew annually, Clinton has decreed that potential evidence related to Kasza's death is classified, top-secret, a matter of national security. Why should Wally Kasza matter? He was a sheet-metal worker. For seven years he put up buildings and installed cooling systems for a defense contractor at an Air Force base. Stella Kasza and the rest of America know [that base] as Area 51. What's being covered up there, according to lawsuits filed by Kasza's widow, another worker's widow and five former Area 51 employees, are brazen environmental crimes. For several years, the workers say, they labored in thick, choking clouds of poisonous smoke as hazardous wastes were burned in huge open trenches on the base. Another sheet-metal worker at Area 51, Robert Frost, died at age 57. Biopsies showed that his tissues were filled with industrial toxins rarely seen in humans. What is the government's response to these stories? Nothing. The policy is that nothing illegal occurred at Area 51 because, officially, nothing occurs at Area 51.

Note: After decades of total denial, the US government finally admitted in 2013 that Area 51 exists. For more along these lines, see concise summaries of deeply revealing military corruption news articles from reliable major media sources.


Top secret airline is looking for a pilot to make daily flights to Area 51
December 3, 2015, USA Today
https://www.usatoday.com/story/travel/roadwarriorvoices/2015/12/03/top-secret...

America's only top-secret airline may be hiring again. Janet Airlines, which flies from from Las Vegas to a number of government sites, is reportedly looking for a pilot for its Boeing 737 aircraft. Janet - an acronym which some claim stands for "Just Another Non-Existent Terminal" - is a shuttle service that is operated by defense contractor AECOM and the U.S. Air Force, making daily flights from a private, unmarked (and heavily guarded) terminal at McCarran International Airport to military bases including the restricted Tonopah Test Range, aircraft manufacturing site Plant 42 and a site at Groom Lake, Nevada which ... is more commonly known as Area 51. The Tactical Air Network discovered a job posting on AECOM's website for a First Officer, and the contractor is currently accepting applications from candidates with a ... Single Scope Background Investigation (SSBI) in order to qualify for Top Secret security clearance. Janet's fleet currently includes white 737-600 aircraft, which are remarkable for how completely unremarkable they are, with no logos and no markings other than a red stripe and a registration number. The Janet jets are the narrow visible bandwidth of a much broader spectrum of 'black world' places and projects. At its core, Janet Airlines is the heart of an entire clandestine defense ecosystem that is spread across the deserts of the American southwest, pumping talent and brain power to some of the most advanced technologies mankind has ever developed.

Note: For more on this secret airline, see this webpage. For more along these lines, see concise summaries of deeply revealing secrecy news articles from reliable major media sources.


Inspiring Articles


Once US murder capital, NYC close to record low in homicides
December 21, 2017, ABC News/Associated Press
http://abcnews.go.com/US/wireStory/killings-hit-record-low-york-terror-attacks...

Even after two terror attacks and a driver's deadly rampage through Times Square, New York City is on track to smash its modern-era low for homicides in a year. Through Dec. 17, the city of 8.5 million people, once America's murder capital, had recorded 278 killings. That puts it on pace to end this year with killings down 14 percent from last year, and well below the 333 in 2014, which was the year with the fewest homicides since the city began keeping accurate crime statistics. Those numbers mean a person's odds of getting killed by homicide in tightly packed, diverse New York City this year were about the same as they were last year in Wyoming, Montana and South Dakota. Crime has been dropping for many years in New York, but 2017 saw substantial drops even in places like Brooklyn's 75th Police Precinct, once among the nation's most violent places. There were 126 killings in the precinct in 1993. This year ... there have been 11. A move away from heavy-handed policing may have helped drive crime lower. Arrests are down about 7 percent this year. Chief of Patrol Terence Monahan said there were other tactical changes. The department ditched specialized units within precincts and made most officers general assignment. "We're not going to arrest our way out of the problems here," said Sgt. Timothy Cecchini on a recent patrol through the 75th Precinct. "But now, we are getting the space to think about how to do our jobs and really address issues for people and talk to them."

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


Companies that do good things have higher returns
December 13, 2017, CNBC
https://www.cnbc.com/2017/12/13/dan-hesse-good-deeds-give-companies-roughly...

Companies that enforce employee-centric and customer-centric cultures are likely to see better financial gains than their competitors, Just Capital's Dan Hesse told CNBC on Wednesday. "What we've seen from a financial performance point of view is that you have [a] higher return on equity of these companies that do good things," Hesse, the former CEO of Sprint, told "Mad Money" host Jim Cramer. Just Capital, a private, non-profit research firm, recently conducted a survey of 72,000 individuals across the United States. On Tuesday, Just Capital and Forbes released a ranking of the top 100 most "just" U.S. companies based on the results. Many leading technology companies landed high in the ranks, with Intel, Texas Instruments and Nvidia taking the top three spots. But one of the most sweeping commonalities was how consumers felt about tax reform, Hesse said. While investors might get excited about the potential for share buybacks and dividend increases if corporate tax reform is passed, consumers couldn't be less thrilled about it, Hesse said. "If there's one overall theme in the data, it's that they believe companies are focused too much on just shareholders versus all the other stakeholders," he told Cramer. "They'll say shareholders, yes, important, but your employees are No. 1 and your customers are No. 2," Hesse continued. "So are the communities, the environment, a lot of other stakeholders. So they will want to see companies take this money and invest in their employees and in some of these other areas."

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


World Bank Group pledges to stop investing in oil and gas exploration
December 12, 2017, The Telegraph (One of the UK's leading newspapers)
http://www.telegraph.co.uk/business/2017/12/12/world-bank-group-pledges-stop...

One of the world’s most important financial and development institutions, the World Bank Group (WBG), is to stop financing oil and gas exploration, in a bid to help combat climate change. After 2019, the WBG – which includes the World Bank and three other institutions – will stop investing in upstream oil and gas, it announced at the One Planet Summit in Paris on Wednesday. The summit was hosted by French president Emmanuel Macron, with 164 world leaders, government members, business leaders and prominent figures joining him. This move marks a major change in strategy for the the WBG, which has historically sought to support extraction of natural resources. The World Bank currently holds $961m (£722m) of guarantee operations, set up to support private sector investments in gas and oil explorations. Upstream oil and gas constitute 2pc of the WBG portfolio. Across the World Bank Group institutions, the total portfolio is worth around $280bn. This comes as the WBG signed a $1.15bn loan with the Government of Egypt aimed at reducing fossil fuel subsidies and encouraging low-carbon energy investment. “Everyday, climate change becomes a more urgent economic, social, and existential threat to all countries and all people,” WBG president, Jim Yong Kim, said. This change in approach was to ensure “alignment of our support to countries to meet their Paris goals,” he added.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


Twenty companies join nations planning coal phase out
December 12, 2017, CNBC/Reuters
https://www.cnbc.com/2017/12/12/reuters-america-twenty-companies-join-nations...

About 20 companies including Unilever, EDF and Iberdrola joined an international alliance of 26 nations on Tuesday pledging to phase out coal to combat global warming. At a climate summit hosted by French President Emmanuel Macron in Paris, new members of the "Powering Past Coal Alliance" agreed that traditional coal power should be phased out by 2030 in rich nations and by 2050 in other parts of the world. Nations including Sweden, Ethiopia and Latvia, as well as the U.S. state of California, also joined the alliance as part of commitments under the 195-nation Paris climate agreement reached on December 12 two years ago. The coal phase-out plan, launched last month by about 20 governments, widened on Tuesday to companies also including BT, Engie, Kering, Diageo, Marks & Spencer, Orsted, Storebrand and Virgin Group. The companies committed to setting targets to end the use of traditional coal from the power sector, both for consumption and in generating electricity. Founder members of the alliance, launched at U.N. climate negotiations in Germany, include Britain, France, Canada, Mexico, New Zealand, Costa Rica and the Marshall Islands. A declaration said that coal-fired power plants produce almost 40 percent of global electricity. Most of the countries in the alliance are already cutting their use of coal.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


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