The UK just bailed on backing a massive gas project in Mozambique after years of protest over climate damage and human rights disasters. Business secretary Peter Kyle yanked the £870 million loan guarantee from TotalEnergies, saying it doesn't serve British interests anymore. The whole thing has been on ice since militants attacked a nearby town and killed hundreds of people back in 2021.
Environmental groups have been screaming about this for ages because Mozambique is already getting wrecked by climate change, and the project kicked local communities off their land. The French energy company wants to restart operations soon with beefed-up security, but campaigners are telling other banks to drop out and shift money toward renewables instead. Most people there still don't even have access, which makes the whole fossil-fuel push look pretty absurd.
Environmental groups have been screaming about this for ages because Mozambique is already getting wrecked by climate change, and the project kicked local communities off their land. The French energy company wants to restart operations soon with beefed-up security, but campaigners are telling other banks to drop out and shift money toward renewables instead. Most people there still don't even have access, which makes the whole fossil-fuel push look pretty absurd.
