Leaving Paris, the European Investment Bank steps on the gas
February 12, 2018
Distancing itself from the EU’s climate commitments enshrined in the Paris Agreement, the European Investment Bank has effectively taken a U-turn in its energy lending last week when it approved a record loan for the Trans Adriatic Pipeline.
Key decision made that could rewrite EU energy policy
February 7, 2018
The European Investment Bank (EIB) on Tuesday approved its largest ever single loan to an energy project: the Trans-Adriatic Pipeline (TAP). The 1.5 Source: Key decision made that could rewrite EU energy policy
European gas pipeline receives £1.3 billion investment despite being dirtier than coal
February 7, 2018
The Trans Adriatic Pipeline project that will transport gas across Southern Europe was promised a £1.3 billion loan from the European Investment Bank. But research suggests burning the gas will create as much carbon emissions as using coal. Environment
Despite Climate Objections, New Southern Gas Corridor Gets €1.5bn In EU Funds
February 7, 2018
The European Investment Bank says the Trans-Adriatic Pipeline will reduce dependence on both Russian gas and European coal. But a recent study says it could be as emissions-intensive as coal. Source: Despite Climate Objections, New Southern Gas Corrido
EU bank approves largest ever energy loan, for TAP pipeline
February 7, 2018
The European Investment Bank on Tuesday (6 February) approved its largest ever single loan to an energy project: the Trans-Adriatic Pipeline (TAP). The €1.5 billion grant will be used to bring gas from the Black Sea to the Mediterranean. Source: EU ban
bne IntelliNews – EIB to go ahead with controversial €1.5bn loan for TAP pipeline
February 7, 2018
Funding decision made despite heavy pressure from environmental groups who argued that the development bank should avoid investing in major fossil fuel projects. Source: bne IntelliNews – EIB to go ahead with controversial €1.5bn loan for TAP pipeline
EIB funds Trans-Adriatic Pipeline despite environmental concerns
February 7, 2018
The European Investment Bank (EIB) approved a €1.5 billion loan for the Trans-Adriatic Pipeline (TAP) on Tuesday. The project is the final section of a planned Southern Gas Corridor stretching from Azerbaijan to Italy. The Southern Gas Corridor include
Gasdotto Tap, sì al maxi prestito da 1,5 miliardi di euro dalla Banca europea degli investimenti
February 6, 2018
Nonostante le proteste nel Salento, la tabella di marcia dei lavori va comunque avanti. Le associazioni ambientaliste europee: “Un errore storico, le emissioni saranno persino maggiori del carbone” Source: Gasdotto Tap, sì al maxi prestito da 1,5 milia
Europe’s biggest fossil fuel project gets €1.5bn public loan
February 6, 2018
The European Investment Bank has approved a loan to the Southern Gas Corridor, in a move environmentalists described as a “historic mistake” Source: Europe’s biggest fossil fuel project gets €1.5bn public loan
Is the ‘Southern Corridor’ in danger of delays? – EIB’s crucial decision, today
February 6, 2018
In an interview with the specialised webpage NGW which he gave on the sidelines of theEuropean Gas Confere Source: Is the ‘Southern Corridor’ in danger of delays? – EIB’s crucial decision, today
