UK must not support World Bank's 'dirty' power subsidies, say MPs.

(From Guardian Unlimited)

Britain should not channel aid through the World Bank until it stops lending money to developing countries to build "dirty" power stations, a powerful committee of MPs said on Wednesday .

As the world's second largest shareholder, Britain contributes over GBP2bn a year -- or nearly one third of its total UK aid budget -- to the bank, but according to the House of Commons environmental audit committee , the US-based institution heavily funds fossil fuel power projects which undermine global and local attempts to reduce carbon emissions and poverty.

The MPs said that Britain abstained last year from a vote to provide South Africa …