Key decision made that could rewrite EU energy policy
7 February 2018 | Portfolio
The European Investment Bank (EIB) on Tuesday approved its largest ever single loan to an energy project: the Trans-Adriatic Pipeline (TAP). The 1.5 Source: Key decision made that could rewrite EU energy policy
European gas pipeline receives £1.3 billion investment despite being dirtier than coal
7 February 2018 | The Ecologist
The 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
7 February 2018 | Forbes
The 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
7 February 2018 | Euractiv
The 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
Funding 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
7 February 2018 |
The 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
