• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Bankwatch

  • About us
    • Our vision
    • Who we are
    • 30 years of Bankwatch
    • Donors & finances
    • Get involved
  • What we do
    • Campaign areas
      • Beyond fossil fuels
      • Rights, democracy and development
      • Finance and biodiversity
      • Funding the energy transformation
      • Cities for People
    • Institutions we monitor
      • European Bank for Reconstruction and Development
      • European Investment Bank
      • Asian Infrastructure Investment Bank
      • Asian Development Bank (ADB)
      • EU funds
    • Our projects
    • Success stories
  • Publications
  • News
    • Blog posts
    • Press releases
    • Stories
    • Podcast
    • Us in the media
    • Videos
Home > Publications > Comments on Romania’s application for transitional allocation of free emission allowances

Comments on Romania’s application for transitional allocation of free emission allowances

Comments on Romania’s application for transitional allocation of free emission allowances

Study    |    22 February 2012

Download

Last year, the Romanian government applied for allocation of approximately 75 million tonnes of emissions allowances free of charge in the period 2013-2019. In return, our government proposed a national investment plan that includes 22 (out of 24) fossil fuel installations and would result in 36 percent of the proposed new capacity coming from coal.

Instead of diversifying the electricity mix and decarbonising the current system, the proposed investments will lead to to maintaining, or even increasing the high share of coal in Romania’s electricity production.

The cover letter to the report is also available for download (pdf)

Download
Institution: EU Funds

Theme: Energy & climate

Location: Romania

Never miss an update

We expose the risks of international public finance and bring critical updates from the ground. We believe that the billions of public money should work for people and the environment.

More about our work

More about us

STAY INFORMED





Footer

CEE Bankwatch Network gratefully acknowledges EU funding support.

The content of this website is the sole responsibility of CEE Bankwatch Network and can under no circumstances be regarded as reflecting the position of the European Union.

Unless otherwise noted, the content on this website is licensed under a Creative Commons BY-SA 4.0 License

Your personal data collected on the website is governed by the present Privacy Policy.

Get in touch with us

  • Bluesky
  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • RSS
  • YouTube