European gas pipeline receives £1.3 billion investment despite being dirtier than coal
The Ecologist | February 7, 2018The Trans Adriatic Pipeline project that will transport gas across Southern Europe was promised a £1.3 billion loan from the European Investment Bank. But research suggests burning the gas will create as much carbon emissions as using coal. Environment
Despite Climate Objections, New Southern Gas Corridor Gets €1.5bn In EU Funds
Forbes | February 7, 2018The European Investment Bank says the Trans-Adriatic Pipeline will reduce dependence on both Russian gas and European coal. But a recent study says it could be as emissions-intensive as coal. Source: Despite Climate Objections, New Southern Gas Corrido
EU bank approves largest ever energy loan, for TAP pipeline
Euractiv | February 7, 2018The European Investment Bank on Tuesday (6 February) approved its largest ever single loan to an energy project: the Trans-Adriatic Pipeline (TAP). The €1.5 billion grant will be used to bring gas from the Black Sea to the Mediterranean. Source: EU ban
bne IntelliNews – EIB to go ahead with controversial €1.5bn loan for TAP pipeline
| February 7, 2018Funding decision made despite heavy pressure from environmental groups who argued that the development bank should avoid investing in major fossil fuel projects. Source: bne IntelliNews – EIB to go ahead with controversial €1.5bn loan for TAP pipeline
EIB funds Trans-Adriatic Pipeline despite environmental concerns
| February 7, 2018The European Investment Bank (EIB) approved a €1.5 billion loan for the Trans-Adriatic Pipeline (TAP) on Tuesday. The project is the final section of a planned Southern Gas Corridor stretching from Azerbaijan to Italy. The Southern Gas Corridor include
Gasdotto Tap, sì al maxi prestito da 1,5 miliardi di euro dalla Banca europea degli investimenti
Repubblica.it | February 6, 2018Nonostante le proteste nel Salento, la tabella di marcia dei lavori va comunque avanti. Le associazioni ambientaliste europee: “Un errore storico, le emissioni saranno persino maggiori del carbone” Source: Gasdotto Tap, sì al maxi prestito da 1,5 milia
Europe’s biggest fossil fuel project gets €1.5bn public loan
Climate Home News | February 6, 2018The European Investment Bank has approved a loan to the Southern Gas Corridor, in a move environmentalists described as a “historic mistake” Source: Europe’s biggest fossil fuel project gets €1.5bn public loan
Is the ‘Southern Corridor’ in danger of delays? – EIB’s crucial decision, today
Independent Balkan News Agency | February 6, 2018In an interview with the specialised webpage NGW which he gave on the sidelines of theEuropean Gas Confere Source: Is the ‘Southern Corridor’ in danger of delays? – EIB’s crucial decision, today
TAP to Start up Early 2020: CEO
Natural Gas World | February 5, 2018The TransAdriatic Pipeline (TAP) project is now on schedule for early 2020 start up, according to its president Walter Peeraer, in an interview with NGW that covered capacity expansion and its operating regime. Source: TAP to Start up Early 2020: CEO
European Bank Gives Go-Ahead to Controversial Georgian Dam
Eurasianet | February 5, 2018A new dam will provide eight percent of Georgia’s electricity, but locals worry about its effect on their land. Now the project has European funding. Source: European Bank Gives Go-Ahead to Controversial Georgian Dam
