Bankwatch

Archives for Energy

Current EU support is not just a distraction from the energy path Ukraine needs to take, it also puts countless communities in Ukraine and abroad at risk. by Iryna Holovko, Ukrainian campaigner for Bankwatch (cross-posted from the Bankwatch blog) European decision makers had good intentions, but in their efforts to help ensure Ukraine’s energy security,… » read more

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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

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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

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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

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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

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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

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Clear guidance is needed more than public assurances to make the European Fund for Strategic Investments (EFSI) be indeed a vehicle for energy efficiency. Counter to public statements, the current set-up does not promise to be effective. by Anna Roggenbuck, cross-posted from the Bankwatch blog. In a press release today, the European Commission expressed great… » read more

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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

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To make sure Latvia’s energy path does not lead into a dead end for sustainability, the Energy Union should facilitate alternatives to unsustainable fuelwood. by Juris Dilba, cross-posted from the Bankwatch blog (Image by Artis Pupins – CC BY 2.0) In a series of blog posts, Bankwatch campaigners are weighing in on the implications that… » read more

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Hungary needs to transform its energy sector. But can the Energy Union kickstart such change? The vision presented by the European Commission’s Vice President Maroš Šefčovič includes a few promising nuggets, but overall risks reinforcing the status quo. by Alexa Botár, cross-posted from the Bankwatch blog. In a series of blog posts, Bankwatch campaigners are… » read more

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