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Archives for fossil fuels

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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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Adequate decision making on energy policies must be based on accurate information and cannot rely on outdated knowledge and misconceptions.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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It may have been easy in the past for Europeans to bash the US for being retrograde when it comes to climate policies, but after last week it will get more difficult to do that. by Anna Roggenbuck, cross-posted from the Bankwatch blog Just as the world is abuzz with Obama’s new climate pledges, below… » read more

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The neglect by international financial institutions of the Western Balkans sustainable energy potential will cost the region’s public heavily for years to come. Figures collected in a new study illustrate how the different international lenders perform in the region. by Pippa Gallop, cross-posted from the Bankwatch blog I’ve been living in Croatia on and off… » read more

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During the last months, the European Bank for Reconstruction and Development has come out with positive statements about shale gas investments, most recently on Poland – a rather rash endorsement of the controversial technology. posted on the Bankwatch blog by Ionut Apostol, Bankwatch energy campaigner In February this year the EBRD’s managing director for energy… » read more

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A roundtable discussion on European public banks and energy lending brought together Members of the European Parliament and non-governmental organisations, while the public banks themselves chose to stay away. Posted by Berber Verpoest, Media officer for the Counter Balance coalition. (Cross-posted and slightly edited version from the Counter Balance blog.) “It’s your energy” goes the… » read more

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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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