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Balkan coal news

Dirty fuel, dirty money
Bankwatch in the media | September 1, 2015

Despite their pledges to fight climate change, banks are still investing in fossil fuel extraction

Imagine the scenario. You are a committed eco-warrior. You save water, turn off your lights, cycle or use public transport whenever possible; you boycott companies and products that harm the environment; you’ve even cut down drastically on meat and dairy products, all to do your bit for the planet. Then one day you discover that, against your knowledge, you are directly funding climate change. How on earth could that be, you might be forgiven for asking?

Commercial banks
EBRD
EIB
World Bank Group
Energy & climate
banks, coal
The Western Balkans and the Energy Union: Will the EU address carbon lock-in beyond its borders?
Blog entry | August 27, 2015

The Energy Union must find ways to prevent state support for the production of fossil fuel energy by the European Union’s immediate neighbours. The EU cannot afford to have newly acceding members holding up progress towards the new 2030 climate goals or watering down future policy making.

Energy & climate
Balkans, coal, Energy Community, Energy Union, EU neighbourhood, Maroš Šefčovič, state aid, stranded assets
Resavica: Serbia's canary in the coal mine
Blog entry | July 13, 2015

After decades of powering Serbia it seems the coal business in the country is on life support. Yet policymakers in Belgrade refuse to consider alternative sources of energy.

Energy & climate
BalkanCoal, Balkans, coal, resavica, Serbia
The Balkans Are Giving Climate Change the Finger
Bankwatch in the media | July 7, 2015

After just five hours visiting the tiny Serbian village of Vreoci, just outside the country’s capital, environmental activist Dragana Mileusnic developed a terrible cough. Vreoci is pincered between two rapidly expanding arms of the Kolubara coal mine, one of the largest in Europe, which churns out 22 million tons of coal per year — along with what Mileusnic calls “incredible” air pollution. Now the mine owner is resettling the entire village because coal dust, smog and respiratory disease have made life there unbearable.

Chinese investors
Energy & climate
BalkanCoal, Balkans, Chinese investors, coal, Energy Community, Kolubara
Romanian environmental inspectorate orders closure of two coal plants operating outside EU pollution laws
Press release | June 30, 2015

Last week the Environmental Inspectorate in Hunedoara, Romania demanded the closure of two thermal power plants at Mintia and Paroşeni, because neither of the units complies with air quality requirements of the EU’s Large Combustion Plants Directive (LCPD). Hunedoara Energy Complex, which manages the Mintia and Paroşeni plants, has challenged the decision in court.

EIB
Mining
Balkans
BalkanCoal, Balkans, coal, EIB, Romania

Coal