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Archives for fossil fuels

“Poland will continue to back coal (…) The future of Polish energy is in brown and black coal, as well as shale gas,” said on Tuesday Polish Prime Minister Donald Tusk, speaking at an event of the extractive industry. cross-posted from the Bankwatch blog This is, of course, the same Donald Tusk that will host… » read more

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Land expropriation and corruption have been two recurring themes at the Kolubara mine. This week’s arrests indicate that they are closely connected. by Zvezdan Kalmar, cross-posted from the Bankwatch blog Recent developments in Serbia forebode gloomy times for the country’s energy company EPS. After the European Bank for Reconstruction and Development’s confirmation on Friday that… » read more

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With another public action, colleagues in Moscow are today bringing to a close a week that has seen the European Bank for Reconstruction and Development having to listen to a lot of uncomfortable truths. by Pippa Gallop, cross-posted from the Bankwatch blog During this week’s EBRD consultation meetings on its new energy sector strategy it… » read more

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The global campaign to make the European Bank for Reconstruction and Development restrict its coal lending may have found new allies in Nordic countries after their declaration yesterday to seize overseas coal investments. by Sven Haertig-Tokarz, cross-posted from the Bankwatch blog These are truly exciting weeks for climate campaigners, especially those targeting development banks and… » read more

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The European Bank for Reconstruction and Development received a little surprise visit this week from 16 000 voices against coal. by Fidanka Bacheva-McGrath, cross-posted from the Bankwatch blog During this week’s consultation meetings in Istanbul, Belgrade and Moscow, the EBRD is discussing its new energy lending strategy with NGOs from its countries of operation. As… » read more

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As part of the consultation on its energy sector strategy the EBRD next week hosts public meetings in Istanbul, Belgrade and Moscow to discuss with civil society from its countries of operation. While public pressure is increasing to end coal financing it is important to note that restrictions to carbon-intensive investments must be strictly and… » read more

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by Kuba Gogolewski, cross-posted from the Bankwatch blog On Monday Polish NGOs Client Earth, Workshop for all Beings, Greenpeace, WWF and local community group Eco-Kociewie petitioned the General Director of Environmental Protection to cancel the environmental impact assessment permit for the Polnoc Power Plant in northern Poland. At a whopping 2 gigawatts, the Polnoc plant… » read more

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Guest post from Justin Guay, Sierra Club In case you missed it, the tectonic plates just shifted in the world of international financial institution (IFI) energy lending. Just weeks after President Obama announced an end to US taxpayer support for overseas coal plants, two of the world’s largest IFIs, the World Bank and the European… » read more

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For the last couple of years, we have been calling on the European Investment Bank to drop coal lending. Finally, we’re starting to see some results. by Anna Roggenbuck, cross-posted from the Bankwatch blog Last Friday, the EIB published a new energy lending policy, which shall be in place for some five-six years. Already in… » read more

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Adequate decision making on energy policies must be based on accurate information and cannot rely on outdated knowledge and misconceptions. A new series of fact sheets explores the myths and facts of Europe’s energy sector. by Sven Haertig-Tokarz, cross-posted from the Bankwatch blog Energy is an important issue cutting across some of the big problems… » read more

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