Coal power plants make you sick
March 7, 2013
A new report calculates the effects of coal-fired power generation across Europe on chronic lung disease and some heart conditions and the associated costs. It is another clue for both the European Bank for Reconstruction and Development and the European Investment Bank to end support for coal as the two revise their energy policies.
EIB hit by activist hoax, pledges to continue hitting climate
March 7, 2013
The European Investment Bank’s annual press conference in the final week of February proved to be significantly more revealing about the bank’s commitment to fueling climate change than is the norm for the EU bank.
Dreams of European Investment Bank Quitting Coal Go Up in Smoke – For Now
February 28, 2013
Climate activists take responsibility for fake press release, bizarre award ceremony Brussels — The European Investment Bank (EIB) president Werner Hoyer was forced to say this morning, during the EIB’s annual press conference, that an announcement that the bank would give up lending to coal was “pure nonsense”. And this, despite the fact that Hoyer repeatedly referred to the EIB as a frontrunner in the fight against climate change.
Rio Tinto’s responsibilities in Mongolia extend beyond shareholders
February 15, 2013
New civil society recommendations for the Oyu Tolgoi mine in Mongolia illustrate that much more than the bottom line needs to be considered to avoid development at the expense of local communities.
Will the EBRD do the right thing for Kosovo, its newest member?
February 10, 2013
As Kosovo becomes a member of International Financial Institutions, such as the World Bank and the European Bank for Reconstruction and Development, alarm bells are ringing about which model of development these bodies are pushing in the EU’s newest country.
A mostly accommodating lion’s den – the second civil society meeting with the EIB Board of Directors
February 8, 2013
A meeting of civil society and the European Investment Bank’s Board of Directors saw a surprising degree of agreement between two often adverse groups.
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.
Anti-coal campaign in Kosovo puts focus on health
February 4, 2013
A campaign against a new lignite power plant in Kosovo uses World Bank figures to highlight the health damage resulting from pollution.
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.
Kolubara “mired in crime and corruption”
January 30, 2013
Those were the words of Serbian Energy Minister Zorana Mihajlović, speaking last week in a press conference during which she announced that a thorough investigation is ongoing into corrupt practices by the management of the Kolubara mining complex.