Pumped storage plants are not green investments
Briefing | 10 December 2008
In November 2008, the National Environmental Investment Agency of Ukraine decided to direct money from the International Greenhouse Gases (GHG) Emissions Trading into the construction of pumped storage plants (PSPs). Yet PSPs totally contradict the idea, as they do not lead to the decrease of carbon emissions and will harm the environment.
Theme: Energy & climate | Social & economic impacts | Other harmful projects
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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.