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Archives for fossil fuels

The European Union’s and China’s joint commitment to climate action is tarnished by Chinese support for and the EU’s neglect of coal projects in the Balkans, as a new briefing shows. But it is still not too late to change course. by Pippa Gallop, cross-posted from the Bankwatch blog. As the EU-China summit kicks off… » read more

  Posted by Bankwatch

A new Bankwatch study reveals a worrying track record of criminal and corrupt activities among the companies that are building Europe’s flagship gas pipeline project, the Southern Gas Corridor. by Sven Haertig-Tokarz, cross-posted from the Bankwatch blog. The Southern Gas Corridor, a 3,500 kilometre system of pipelines meant to bring gas from Azerbaijan into Europe,… » read more

  Posted by Bankwatch

The Czech daily Hospodarske Noviny (English: “Economic Newspaper”) is reporting today that the Czech Export Bank (CEB) and export insurance agency EGAP may not be be able to finance the Pljevlja II lignite power plant in Montenegro due to new OECD rules entering force on 1 January 2017. by Hugo Charat, cross-posted from the Bankwatch… » read more

  Posted by Bankwatch

If fossil fuels’ grip on the Czech Republic’s energy sector remains, as current plans and policies confirm, the country’s support for the Paris Agreement will be nothing but a sham, writes Karel Polanecky from Bankwatch’s Czech member group Hnuti Duha.   cross-posted from the Bankwatch blog The Paris Agreement, sealed 8 months and signed by… » read more

  Posted by Bankwatch

Last year in the EU, 12.8 GW of wind power capacity was installed – more than any other electricity generation source. This means that wind can now generate 11.4% of the EU electricity consumption in a normal wind year, according to Wind Europe. At the same time Belgium and Scotland have shut down their last… » read more

  Posted by Bankwatch

While the Energy Community yesterday failed to consider more stringent air pollution rules for the Western Balkans, a new report quantifies the health costs of the region’s coal burning both within the region itself as well as in the neighbouring European Union. by Ioana Ciuta, cross-posted from the Bankwatch blog I often hear that countries… » read more

  Posted by Bankwatch

No-one will ‘freeze to death’ if the planned lignite-fired power plant in Kosovo does not receive support from multilateral development banks, but if it does, low-income households may well end up choosing between electricity and food. How can an institution, whose very mission is to end poverty, justify this project? by Visar Azemi, Coordinator at… » read more

  Posted by Bankwatch

The European Investment Bank’s track record stands in stark contrast to its pose as a hero in the fight against climate change. by Anna Roggenbuck, cross-posted from the Bankwatch blog As declarations emerge from Paris about the billions and trillions of dollars needed to combat the affects of climate change, the world’s largest public lender,… » read more

  Posted by Bankwatch

It’s no secret that Poland is not the biggest proponent of ambitious European climate and energy policies. Rather than give Poland the extra nudge it needs to transform its increasingly obsolete energy system, the Energy Union risks sustaining – and legitimising – the Polish addiction to fossil fuels.   by Julia Krzyszkowska, cross-posted from the… » read more

  Posted by Bankwatch

A leaked document, published here for the first time, that outlines the Slovenian government’s priorities for the EU’s Energy Union reveals a potential conflict with what the European Commission has on offer. Yet, neither promises ambitious strides towards more renewables. by Markus Trilling, cross-posted from the Bankwatch blog. Tomislav Tkalec from Focus, Slovenia contributed to… » read more

  Posted by Bankwatch

Similar to what we have seen in other countries, when it comes to concrete projects in Slovakia the Energy Union proposals are so far to a much larger extent aiming at security of (gas) supply than they are at decarbonisation. by Miroslav Mojzis, cross-posted from the Bankwatch blog In a series of blog posts, Bankwatch… » read more

  Posted by Bankwatch

Building the Energy Union, the European Commission pretends that all is well for renewables in Croatia and unnecessarily fixates on diversifying gas supply instead of managing demand. by Toni Vidan, Energy programme co-ordinator at Zelena Akcija, Croatia; cross-posted from the Bankwatch blog In a series of blog posts, Bankwatch campaigners are weighing in on the… » read more

  Posted by Bankwatch

Building the Energy Union, the European Commission pretends that all is well for renewables in Croatia and unnecessarily fixates on diversifying gas supply instead of managing demand. by Toni Vidan, Energy programme co-ordinator at Zelena Akcija, Croatia; cross-posted from the Bankwatch blog In a series of blog posts, Bankwatch campaigners are weighing in on the… » read more

More clarity is needed regarding the Energy Union’s priorities for the Czech Republic. by Ondrej Pasek, cross-posted from the Bankwatch blog. (Image by epp group – CC BY-NC-ND 2.0). The European Commission has been hard at work devising the EU’s new energy strategy. It is touted as an ambitious new path for a unified, sustainable… » read more

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