The Energy Union must find ways to prevent state support for the production of fossil fuel energy by the European Union’s immediate neighbours. The EU cannot afford to have newly acceding members holding up progress towards the new 2030 climate goals or watering down future policy making.
The Southern Gas Corridor, a system of mega-pipelines meant to bring gas from the Caspian region to Europe, is unnecessary in light of gas demand projections in the European Union's 2050 Energy Strategy. Neither will the project make European countries independent from Russian gas. At the same time, the USD 45 billion investments will boost Azerbaijan's dictatorial regime and cause damage to local communities and the environment in transit countries like Turkey and Italy.
On several occasions the European Bank for Reconstruction and Development stated that operations of its clients should comply with all international treaties and other legal obligations. In spite of these reassurances, Energoatom in Ukraine keeps ignoring its international obligations, as outlined in the Espoo Convention, in the processes of assessing the life-time extension of its nuclear reactors.
In this letter, Bankwatch asks the European Commission to reconsider the disbursement of the Euratom and EBRD loans for the Ukraine nuclear safety upgrade programme that effectively enables the lifetime extensions at Ukraine's nuclear reactors. The letter provides evidence for the intertwined character of the upgrade programme and the lifetime extensions and for Ukraine's refusal to meet its obligations under international conventions.
A USD 500 million loan for the share of Russian gas giant Lukoil in a major gas project in Azerbaijan has been approved yesterday by the Board of Directors of the European Bank for Reconstruction and Development (EBRD). Yet, the decision will significantly hinder Europe's commitments to decarbonise as well as to advance democracy.
The request is made in the context of Ukraine's obligations under the Espoo convention, such that the EBRD and EuroAtom should "take steps for suspending the loan proceedings until a full trans-boundary EIA process for nuclear units lifetime extension is launched and carried out in accordance with international treaties to which Ukraine is a party."
Twenty-five Members of the European Parliament (MEPs) have signed a letter today urging the European Bank for Reconstruction and Development (EBRD) and Euratom to suspend their financial support for Ukraine's ageing nuclear reactors until the potential environmental impacts of their prolonged operation in Ukraine and on neighbouring countries are fully assessed.
Platform have taken to the streets of London to protest the opening of the European Games. See a video of the action below, and read more in their book published Friday, All that glitters, which explores how the European Games belong to the Aliyev regime and the British oil company BP and how sport is being co-opted in the service of a dynasty and fossil fuels.