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Home > Bankwatch in the media > Czechia wants to phase out coal. But is natural gas the solution?

Czechia wants to phase out coal. But is natural gas the solution?

10 March 2025, Euronews

According to calculations by CEE Bankwatch, the Czech plants near Vrato and Opatovice alone are getting a total of almost 350 million euros in subsidies from the EU Modernisation Fund. The non-governmental organisation verifies whether European taxpayers’ money is invested in line with the objectives. In other words, in such a manner that the environment and climate are not harmed. Morgan Henley is responsible for heating technology. She warns that the massive EU subsidies for natural gas mean that once again Europe is heading into a fossil-fuel dependency trap.

Read and watch the full reportage here: Czechia wants to phase out coal. But is natural gas the solution? | Euronews

Location: Czechia

Project: Fossil gas

Tags: fossil gas

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