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Home > Archives for Beyond Fossil Fuels

Beyond Fossil Fuels

Romania’s energy transition: to be or not to be

November 1, 2018

Facing numerous economic and environmental challenges, Romania’s energy industry needs a coherent, sustainable and stable action plan that prioritises transparency in decision-making and consultation of all involved. On 17 October, to identify the necessary measures, Bankwatch Romania organised a workshop titled Opportunities for transition to clean energy in Romania.

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Bursting bubbles: greens and geeks of the world, unite!

October 26, 2018

In the age of fake news, providing fact-based arguments in environmental campaigns is crucial. Bankwatch has reached out to the technology-savvy community, to bring more robustness to the narrative.

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Bosnia-Herzegovina coal plant loan guarantee complaint under investigation by the Energy Community Secretariat

October 22, 2018

A guarantee for a EUR 614 million loan from the China Eximbank for the Tuzla 7 coal plant fails to meet EU requirements on energy subsidies.

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State Aid Council says loan guarantee for new TPP Tuzla unit in line with BiH, EU regulations

October 19, 2018

The State Aid Council of Bosnia and Herzegovina (BiH) has announced that its decision on the state guarantee for the loan to construct a new unit of the Tuzla thermal power plant (TPP) is in line with the BiH and EU state aid regulations. Source: State

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Džindić: Kreditna garancija Federalne vlade za Blok 7 je zakonita!

October 19, 2018

Federalni ministar energije, rudarstva i industrije Nermin Džindić rekao je jučer za „Dnevni avaz“ da nisu tačni navodi Energetske zajednice da je Vlada FBiH dala nezakonite garancije na kredit u vezi s gradnjom Bloka 7 TE u Tuzli. Source: Džindić: Kre

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Gradnja Bloka 7 u Tuzli odgođena do daljnjeg, Vlada FBiH dala nezakonitu garanciju na kredit

October 16, 2018

Početak gradnje Bloka 7 Termoelektrane Tuzla, koju je premijer Federacije BiH Fadil Novalić pretenciozno najavljivao za septembar 2018. godine, bit će odgođena do daljnjeg zbog nezakonite garancije Vlade FBiH na kredit između JP Elektroprivreda BiH d.d

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EBRD renewable investments finally matched its fossil fuel investments in 2017 – So why is the bank’s draft Energy Strategy still fixated with gas?

October 15, 2018

The European Bank for Reconstruction and Development has recently issued a new draft Energy Strategy for public consultation that will define its activities in the energy sector from 2019-2023. It clearly commits to halt all direct financing for coal p

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EBRD – still fixated on gas despite IPCC warnings

October 15, 2018

In its new draft strategy for the energy sector, meant to guide the bank’s lending between 2019-2023, the EBRD gives too much prominence to gas as a so-called “bridging fuel” on the way to decarbonisation – much more prominence than is given to energy savings and even to sustainable renewables.

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Romania ‘gave illegal permits’ to own energy firm

October 12, 2018

The Oltenia Energy Complex took over people’s land, mined lignite and increased coal production despite state climate action pledges. Source: Romania ‘gave illegal permits’ to own energy firm

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European development money ‘helps sustain fossil fuel firms’

October 9, 2018

Five of Europe’s biggest climate offenders continue to enjoy billions of euros in public funds, according to a Bankwatch report Source: European development money ‘helps sustain fossil fuel firms’

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