Economic justice policy officer
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A Romanian coal mining region is writing history today as representatives from unions, the coal industry and environmental organisations are coming together for the first time to discuss their communities’ future – with a common goal in mind.
Plans for new lignite power plants in Western Balkan countries do not take into account the effect of CO2 prices, according to a new Bankwatch study. As a result, the plants risk becoming uncompetitive in the future, with taxpayers footing the bill.
A new Bankwatch analysis examining ten coal-fired power plant projects across the Western Balkans finds that, once the cost of carbon emissions allowances are factored in, they could become a serious liability for both the companies involved and the public. Moreover, only a few feasibility assessments for coal power plants in the region are publicly available, and most of those have failed to properly take carbon costs into account, the briefing authors note.
This briefing analyses ten coal-fired power plant projects across the Western Balkans and finds that, once the cost of carbon emissions allowances are factored in, they could become a serious liability for both the companies involved and the public.
River defenders gather forces in Georgia
March 28, 2017 | Read more
This week, activists from across the world are meeting in Tbilisi to share their experiences of resisting hydropower projects and the money that supports them.
