Source: Andrew Watt, Social Europe Journal

To help stop the planet warming to a disastrous extent Europe must increase the price of energy paid by energy consumers. A huge redirection of private and public investment is needed. And unless we are extremely successful in increasing the energy efficiency of our economy, we will almost certainly also need schemes to organise a socially acceptable reduction of average working time (see here).

Source: Arthur Neslen, EurActiv

The European Investment Bank has signed a €440-million loan guarantee with the Slovenian government for a crisis-plagued 600 megawatt lignite TEŠ 6 coal plant, but the deal could yet be sunk by concerns about the climate and corruption.

Source: Kate Sheppard (Mother Jones), The Guardian

Last week, the bank said 4C of global warming 'simply must not be allowed to occur'. This month, it is considering whether to provide financing for a new coal-fired power plant in Mongolia