No excuses for the EIB to finance Sostanj
December 21, 2012
Ljubljana — The Slovenian parliament has ratified today – in an extraordinary session, right before the start of the Christmas holidays – the state guarantee contract between the European Investment Bank and the Slovenian government for a 440 million euros loan for the construction of a new coal unit at Sostanj.
Plomin coal power plant, Croatia
December 18, 2012
CANCELLED: after five years of campaigning, plans for Plomin C were dropped in 2016. Croatian plans to more than double the capacity of the Plomin coal power plant would have resulted in increased carbon-emissions for several decades. The project’s profitability was questionable and the plans were facing local opposition and conflicting regional legislation.
Financial alchemy in Slovenia’s energy sector still results in lignite, not gold
December 11, 2012
Even with the latest investment plan for unit 6 at the Sostanj lignite power plant (TES 6), the project’s economics are (surprise, surprise) still distinctly shaky as an independent analysis shows. Nonetheless, the project looks ever more likely to get a state guarantee from the Slovene government.
Dirty coal gets closer to receiving almost half a billion euros from EU taxpayers
December 3, 2012
The European Investment Bank (EIB) is gearing up to pay 440 million euros to a new 600 MW lignite plant in Slovenia at a time when calls for an end to subsidies for fossil fuels are intensifying all over the world.
‘Comments noted’, business as usual continues. The marginal public influence on the EBRD’s new mining policy
November 2, 2012
After long delays and more than 3 years of preparation the European Bank for Reconstruction and Development has finally completed and published a policy for its operations in the mining sector. Both the consultation process and the final outcome must leave “the consulted stakeholders” disappointed.
When loyalty blocks climate action – Polish parliament pledges allegiance
October 17, 2012
The Polish government has a sad reputation for adopting unilateral, even obscure approaches when it comes to our country’s energy policy. What now came as a very disappointing surprise is that the Polish parliament joined the opportunistic chorus of denial – one that considers alternatives to the continued reliance on fossil fuels as a threat to Poland’s security.
Przeciwnicy odkrywek przyjadą do Lubina
September 21, 2012
Polscy przeciwnicy budowy kopalń odkrywkowych węgla brunatnego zyskują nowych sojuszników. Poparcie otrzymali już od podobnych organizacji działających w Niemczech, przedstawiciele kolejnych krajów deklarują pomoc w walce z odkrywkami w Polsce i Europie
The EBRD in Mongolia: Economic diversity is something else
September 18, 2012
Investment data for Mongolia illustrates that without improving the European Bank for Reconstruction and Development’s plans for the mining sector, the bank may add to the dependence on raw materials exports in resource rich countries.
Allegations of corruption in Slovenia and across the EU
August 9, 2012
Despite fines and alleged scandals, questionable companies win new contracts every day and posts impressive profits – claims campaign group
Spot the difference: Alstom in Indonesia and Slovenia
July 31, 2012
The company hired to build a new unit at the Sostanj lignite power plant is involved in strikingly similar corruption cases across continents.
