Home >> Category >> Tags >> subsidies

subsidies

Guest post: Municipalities are crucial for citizen-owned renewable energy in the Czech Republic

Czech environmental and law groups have proposed a law amendment to revive the disadvantaged renewable energy sector in their country. Karel Polanecky from Bankwatch member group Hnuti Duha explains their initiative.


Up in smoke: the billions for Europe's auto industry from the EU's house bank

In the wake of last month’s Volkswagen (VW) emissions scandal, a Politico story, based on a Bankwatch analysis, revealed that the car manufacturer enjoyed generous public financial support from the European Investment Bank (EIB). But the full picture is even more disturbing.


Illegal coal subsidies could cost south-east European countries dearly, warns new study

Prague - New investments in coal mines and power plants could cost the Western Balkans and Ukraine dearly if they fail to take into account binding rules on subsidies (State aid), according to a new briefing released today by CEE Bankwatch Network.

Risks for coal and electricity investments in the Western Balkans, Ukraine and Moldova due to state-aid rules

Publication thumbnail

By signing the Energy Community Treaty in 2005, countries in the Western Balkans, Ukraine and Moldova agreed that the European Union's competition rules are to be applied also within their territory. A number of energy sector investments are being planned that may not so far have taken adequate account of State aid rules. This briefing therefore provides a summary to draw attention to relevant requirements of EU law and highlight the risks of failure to take them into account when planning investments. The account when planning investments.

Serbian government props up almighty coal

A new report by the Belgrade-based NGO CRTA shows that the Serbian government is supporting the Kostolac coal power plant and mines with loan guarantees and potentially VAT exemptions. Propping up the already dominant coal sector, however, will likely further increase Serbia’s vulnerability to extreme weather events. Increasing Serbia's energy efficiency and renewables generation would be the wiser choice.


"Move over Poland!" Czech parliament bids for EU 'dirty energy' crown, as renewables subsidies make way for fossil fuels

A new law that will redraw the Czech Republic’s approach to renewable energy is suspected to bring the development of the Czech renewables sector to a standstill and instead provide a boost for the country's fossil fuel sector.


All eyes on the EBRD - will it go coal free?

In case you missed it, the tectonic plates just shifted in the world of international financial institution (IFI) energy lending.


#Endfossilfuelsubsidies in Ukraine

Joining a global day of action against fossil fuel subsidies, Bankwatchers in Ukraine highlighted how much still needs to be done in their country.


The many faces of coal subsidies. A glance at Romania.

The case of two Enel investments in Romania illustrates how subsidies for coal power can be ambiguous, but provide very concrete disincentives for investments in renewable energy.


Polish energy companies' black propaganda threatens EU climate ambitions again

Poland is on course to place further large roadblocks in the way of the European Commission's Roadmap 2050 towards a low-carbon economy unless certain demands being insisted on by Warsaw are met. These include the granting of free allowances for all 16 power plants that Poland has asked to be supported under the EU's Emissions Trading Scheme.


Syndicate content