Energy security for Europe or profit for Lukoil?
December 4, 2014
Despite the Russian invasion in Ukraine leading to EU and US sanctions against Moscow and major Russian energy companies, public banks supported by EU countries are just gearing up to offer a one billion dollar loan to Russian company Lukoil for gas extraction in Azerbaijan.
Former EBRD president implicated in bank’s controversial fossil fuel loan in Tunisia
May 14, 2014
What began as research into Serinus Energy EBRD loans that were granted to the company in July 2013 for the exploration and expansion of oil and gas fields in the Chouech Essaida, Ech Chouech, Sabria, Sanrhara and Zinnia concessions in Tunisia, has become a story that reflects both the revolving doors culture that permeates elite circles and how the EBRD is able to provide loans that provide absolutely no additionality.
Polish shale gas – a watery grave looms, but for who?
May 14, 2014
Tomasz Zdrojewski explains the risks to Polish water from the massively hyped fossil fuel bonanza.
United Kingdom’s retreat from coal increases pressure on EBRD
November 21, 2013
With the United Kingdom, another major shareholder of the European Bank for Reconstruction and Development is divesting from coal overseas. What does this mean for the upcoming decision on the EBRD’s energy strategy?
Stanari power plant in Bosnia allowed to pollute 2-10 times higher than EU limits, new expert analysis shows
November 21, 2013
The pollution from EFT’s new 300 MW Stanari lignite-fired power plant in Bosnia and Herzegovina may be 2-10 times higher than EU limits allow, according to a new expert analysis commissioned by the Center for Environment from Banja Luka.
Oops … Poland did it again aka standing in the way of climate progress
October 9, 2013
Just a few weeks before leading international climate negotiations at the COP 19 in Warsaw, and in the face of the new IPCC report’s dire conclusions, the Polish government is again obstructing European emissions reduction ambitions.
“Move over Poland!” Czech parliament bids for EU ‘dirty energy’ crown, as renewables subsidies make way for fossil fuels
September 16, 2013
A new law that will redraw the Czech Republic’s approach to renewable energy is suspected to bring the development of the Czech renewables sector to a standstill and instead provide a boost for the country’s fossil fuel sector.
New arrests link corruption with land expropriation at Serbian Kolubara mine
September 11, 2013
Land expropriation and corruption have been two recurring themes at the Kolubara mine. This week’s arrests indicate that they are closely connected.
Energy consultations reveal lack of strategic thinking at the EBRD
September 6, 2013
With another public action, colleagues in Moscow are today bringing to a close a week that has seen the European Bank for Reconstruction and Development having to listen to a lot of uncomfortable truths.
Nordic countries ‘no’ to coal is a glimmer of hope for EBRD energy lending
September 5, 2013
The global campaign to make the European Bank for Reconstruction and Development restrict its coal lending may have found new allies in Nordic countries after their declaration yesterday to seize overseas coal investments.
