[Congressional Record Volume 165, Number 176 (Tuesday, November 5, 2019)]
[Senate]
[Page S6379]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
Energy Poverty
Mr. BARRASSO. Madam President, I come to the floor today to discuss
the global fight to end poverty and specifically the problem of energy
poverty.
The numbers paint a very grim picture. Worldwide, 840 million people
are living without electricity. They can't cook or heat their homes
safely or reliably. In fact, nearly 3 billion people--3 billion people
worldwide--still rely on wood and waste for household energy.
What should the United States do to help? First and foremost, I
believe we should push multilateral development banks, like the World
Bank, to invest in affordable energy projects, which will help these
people. The World Bank's mission is to lift people out of poverty--to
help lift people out of poverty. That is their mission. Specifically,
it seeks to end extreme poverty while promoting shared prosperity.
For 75 years, the United States has been working with the World Bank
to help developing countries grow. The United States remains the World
Bank's largest contributor. Every U.S. dollar at the World Bank should
make a difference for people in the developing world.
The World Bank's new policies, however, lead me to call for a review
by the United States of how U.S. dollars are being used. Several years
ago, the World Bank decided to stop financing certain projects--
specifically, oil, gas, and coal projects. I am concerned the World
Bank is now blocking affordable energy development--energy that is
needed to make a positive difference for so many people in the
developing world. Traditional fuels are a vital tool for escaping
energy poverty. Yet, with the policy change in the World Bank, only
renewable energy projects qualify for funding. It seems that the World
Bank is putting its liberal political agenda ahead of our anti-poverty
mission.
The question is, Does the World Bank still want to help the people
living in poor nations today? That is the question. If so, they should
be helping with the use of abundant and affordable energy resources. If
not, then I think the United States must reevaluate our support for the
World Bank.
Here is a case in point: The Bank restricts the financing of high-
efficiency power stations fueled by coal. Last fall, for example, the
World Bank failed to honor its commitment to the country of Kosovo. The
Bank pulled its funding from Kosovo's state-of-the-art, coal-fired
powerplant--state of the art--needed in Kosovo. Kosovo faces an energy
security barrier to grow. They don't have enough energy to grow the way
they are prepared to. Kosovo has the fifth largest coal reserves in the
world. Kosovo desperately needs to retire its older facility.
I saw this firsthand last month when I was visiting members of the
Wyoming National Guard stationed in northern Kosovo. This decision by
the World Bank is simply unacceptable.
What are other countries doing? China and Russia, meanwhile, are
dramatically increasing their global investment in identical carbon-
based energy projects. The World Bank is saying: Go ask China. Go ask
Russia. South Africa, for example, is now working with China's
development bank on its coal-fired powerplant. There are serious
concerns when our allies work with China and Russia. These include
lower standards, dependence on these countries, and undue political
influence.
A number of Members in the Senate share my concern. On Thursday, I
led a group of a dozen Senators in urging the World Bank to immediately
lift these harmful restrictions. My letter to the President of the
World Bank, President David Malpass, was cosigned by Senators Boozman,
Capito, Cotton, Cramer, Cruz, Enzi, Hoeven, Johnson, Kennedy,
Murkowski, and Thune. Together, we are pressing the World Bank to
recommit to an ``all of the above'' energy strategy. Developing
countries desperately need affordable, reliable energy.
We say in our letter:
People living in poor and developing nations want and need
a stable energy supply. They are looking for power generation
that provides energy security, helps create jobs, and
improves their lives.
People back home in Wyoming know firsthand the benefits of developing
abundant energy resources. The United States is a top global energy
producer. Wyoming has played a key role in this success. We have
produced our way to a booming U.S. economy, and we have created
millions of new jobs along the way. People who are struggling worldwide
to survive and thrive in developing countries deserve that same
opportunity. As an energy powerhouse, America can help empower our
allies and our energy exports.
Global philanthropist Bill Gates said: ``Increasing access to
electricity is critical to lifting the world's poor out of poverty. Let
me repeat. ``Increasing access to electricity is critical to lifting
the world's poor out of poverty.''
Ultimately, the solution to energy poverty doesn't lie in limiting
options but in using all available options. In pursuit of its mission,
the World Bank must embrace, not exclude, abundant, affordable energy
resources.
Let's work together to end energy poverty now for the 840 million
people on the planet living without electricity.
I yield the floor.
I suggest the absence of a quorum.
The PRESIDING OFFICER. The clerk will call the roll.
The senior assistant bill clerk proceeded to call the roll.
Mr. ROBERTS. Madam President, I ask unanimous consent that the order
for the quorum call be rescinded.
The PRESIDING OFFICER. Without objection, it is so ordered.