Small shareholders protest price cap on lignite from Šoštanj’s mine
February 6, 2013
With the dubious economics of the Šoštanj 6 lignite power plant depending partly on keeping the price of lignite low, small shareholders who would have to forego their profits are not thrilled at the prospect.
Members of European Parliament call on EIB not to finance Slovene lignite power plant
January 31, 2013
In an unambiguous letter Members of the European Parliament have reminded the European Investment Bank of the economic and environmental risks that the Šoštanj lignite power plant project poses for Europe and Slovenia.
MEPs call on EIB not to disburse funds to Sostanj lignite power plant
January 30, 2013
This letter from Claude Turmes (Greens), Alojz Peterle (EPP) and Kathleen van Brempt (S&D) calls upon the European Investment Bank’s President Werner Hoyer to withhold the disbursement of EIB funds for the Šoštanj lignite power plant project in Slovenia due to ongoing corruption investigations and the project’s questionable economic viability.
Which is the world’s worst company?
January 17, 2013
Reputation isn’t always a good thing. In an age of ‘corporate social responsibility’, corporations definitely don’t want to be known as ‘the worst company of the year’.
Cohesion Policy 2014-2020: NGO priority recommendations for trialogues
January 16, 2013
Environmental NGOs would like to highlight opportunities for decision makers to improve key issues of the Cohesion Policy regulations, in order to maximise the benefits that can be delivered to European regions by the future Cohesion Policy and other Common Strategic Framework funds. In addition, they will ensure that the future Cohesion Policy better contributes to reach the Europe 2020 targets, create regional green jobs, enhance economic opportunities and address environmental challenges.
Cohesion Policy 2014-2020: Finding a good compromise on thematic concentration (Briefing for S&D MEPs)
January 16, 2013
Environmental NGOs fully understand the need of more flexibility for regions that but have high concerns with the solution proposed by the Parliament regarding the principle of thematic concentration: in this time of crisis, we note with concern that many Member States and regions stick to business as usual approaches to re-boost growth urgently – because it is considered to be faster and easier than more innovative, complex and forward looking solutions.
EIB Capital Increase May Not Further EU Goals
January 14, 2013
Brussels — Last week’s ten billion euros capital increase for the European Investment Bank (EIB), allowing the bank to lend 60 billion euros extra over the next three years, must come with clear commitments from the bank to stop loans for dirty energy, say NGOs.
The EIB’s energy lending in the spotlight
January 14, 2013
The European Investment Bank has opened a review of its energy policy and called for the public’s views on the key future challenges for the bank’s operations. The lending figures to the energy sector until 2011 show that the policy must better guide the EIB’s lending towards EU policy objectives of de-carbonisation of the energy sector.
The worst company of the year – Vote for Alstom in the People’s Public Eye Awards 2013
January 8, 2013
Alstom, the constructor for the Sostanj lignite power plant might just be the worst company of the year. You can vote for Alstom in the Public Eye Awards until January 23.
ALSTOM nominated for “Prestigious” Public Eye Awards
January 7, 2013
The French energy and transport conglomerate Alstom is one of the seven finalists for the People’s Public Eye Awards 2013. The nomination is a result of information submitted by NGOs Focus Slovenia, SHERPA France and CEE Bankwatch Network, in which dubious business practices of the company across the world are highlighted — often linked to proven corruption or corruption allegations surrounding the awarding of contracts.
