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Home > Archives for Fossil gas

Fossil gas

EU bank approves largest ever energy loan, for TAP pipeline

February 7, 2018

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


bne IntelliNews – EIB to go ahead with controversial €1.5bn loan for TAP pipeline

February 7, 2018

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

February 7, 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


Gasdotto Tap, sì al maxi prestito da 1,5 miliardi di euro dalla Banca europea degli investimenti

February 6, 2018

Nonostante 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

February 6, 2018

The 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

February 6, 2018

In 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


Controversial gas pipeline gets EUR 1.5 billion in public money amid massive climate risk

February 6, 2018

CEE Bankwatch Network, Counter Balance, Friends of the Earth Europe, 350.org Press release For immediate release Prague, Brussels –– The European Investment Bank (EIB) voted today to hand out one of Europe’s largest ever loans to one of the EU’s larges


TAP to Start up Early 2020: CEO

February 5, 2018

The 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


Pipelinegas so schädlich wie Kohle

February 3, 2018

Erdgas gilt als relativ klimafreundlich und Brücke ins postfossile Zeitalter. Doch Förderung und Transport könnten klimaschädlicher sein als die Kohleverbrennung Source: Pipelinegas so schädlich wie Kohle


Smoke and mirrors: why the climate promises of the Southern Gas Corridor don’t add up

January 30, 2018

The aim of this study is to quantify the fugitive emissions produced along the fossil gas supply chain of the Southern Gas Corridor, focusing on extraction and transmission operations.


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