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Archives for coal

Just as Bankwatch published a new infographic juxtaposing the European Investment Bank’s beneficial and harmful energy lending, Europe’s political leaders have set a priority for energy investments to phase out fossil fuel subsidies and focus on clean energy instead. posted on the Bankwatch blog by Sven Haertig-Tokarz, Bankwatch web editor One of the agenda points… » read more

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The energy director of the European Bank for Reconstruction and Development has made astonishing statements about coal investments prompting Bankwatch’s EBRD campaign team to react. posted on the Bankwatch blog by Fidanka Bacheva-McGrath, Bankwatch EBRD campaign coordinator At about the same time as scientists declared an unprecedented and increasingly dangerous CO2 concentration in the earth’s… » read more

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The European Parliament yesterday chastised the European Bank for Reconstruction and Development for its explicit interest in financing a new lignite-fired power plant in Kosovo. NGOs hope the bank will pay more attention to the Parliament than it did to civil society and energy experts so far. posted on the Bankwatch blog by Ionut Apostol,… » read more

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Disappointed by loan disbursements to one of the dirtiest coal projects in Europe, almost 100 organisations have called on two public lenders to not repeat the same mistakes, ever. Guest post on the Bankwatch blog by Barbara Kvac, Climate campaigner for Focus, Slovenia In the beginning of March, the European Investment Bank and the European… » read more

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Following a fake press release in which the EIB ‘announced’ its divestment from coal, activists struck again the next day during the bank’s annual press conference. EIB President Werner Hoyer received the 2013 ‘World Coal Down’ award on behalf of all EU citizens. Unfortunately he had to put an end to the rumours of the… » read more

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A meeting of civil society and the European Investment Bank’s Board of Directors saw a surprising degree of agreement between two often adverse groups. posted on the Bankwatch blog by Anna Roggenbuck, EIB campaign coordinator This week saw the second ever meeting between the European Investment Bank’s Board of Directors and civil society representatives. It… » read more

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A campaign against a new lignite power plant in Kosovo uses World Bank figures to highlight the health damage resulting from pollution. Posted on the Bankwatch blog by Sven Haertig-Tokarz, Bankwatch web editor We blogged last week about a new coal power plant near Pristina in Kosovo, that is due to receive support by the… » read more

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In an unambiguous letter Members of the European Parliament have reminded the European Investment Bank of the economic and environmental risks that the Sostanj lignite power plant project poses for Europe and Slovenia. posted on the Bankwatch blog by Anelia Stefanova, Bankwatch Campaigns Director Members of the European Parliament have called upon the European Investment… » read more

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The Polish government has a sad reputation for adopting unilateral, even obscure approaches when it comes to our country’s energy policy. What now came as a very disappointing surprise is that the Polish parliament joined the opportunistic chorus of denial – one that considers alternatives to the continued reliance on fossil fuels as a threat… » read more

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Remember this game kids used to play in which you had to find differences between two very similar pictures? I was reminded of it few days ago, when reading news about the latest corruption scandal involving Alstom at a coal plant in Indonesia. A few days ago, the Indonesian Corruption Eradication Commission announced that opposition… » read more

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