EU lifts green investment target by EUR 260 billion per year by 2030
The Sustainable Europe Investment Plan will mobilize at least EUR 1 trillion in the next decade, the European Commission has said. The so-called Just Transition Mechanism, which is being set up by the EU with the responsibility for the green investment part worth EUR 100 billion from 2021 to 2027, comes with a support fund […]
In the future energy system, citizens will initiate investments
Author: Vedad Suljić, Director of the Regional Education and Information Centre for Sustainable Development in South-East Europe A strong reliance on fossil fuels will make energy producers which use them uncompetitive in the long run and consequently possibly insolvent, as production from these sources will become more and more expensive in the coming years. And […]
Lluka: Case for TPP Kosova e Re to be presented in Vienna on January 17
Amid looming deadlines in the controversial project for the construction of a coal-fired power plant, Kosovo* is preparing for a hearing with the Secretariat of the Energy Community. The international body has challenged state aid to the Kosova e Re facility. The representatives of the government will present their case on January 17 in Vienna, […]
Citizens of Serbia breathe polluted air – particle pollution several times higher than allowed
Concentrations of particulate matter PM10 and PM2.5 are again reaching enormous levels in Serbian cities, up to seven times higher than the allowed 50 micrograms per cubic meter (µg/m3). With that in mind, findings of the latest WHO study on premature deaths caused by air pollution in Serbia don’t come as a surprise. The question, […]
EIB adopts new energy lending policy, to stop financing fossil fuel projects from end-2021
The European Investment Bank’s (EIB) Board of Directors has agreed on a new energy lending policy which envisages that the bank will stop financing fossil fuel projects from the end of 2021. The EIB will no longer consider new financing for unabated, fossil fuel energy projects, including gas, from the end of 2021 onwards, the […]
Switching from coal, oil to natural gas accelerates climate change – study
Conversion from coal and oil to natural gas increases the greenhouse effect of energy consumption by around 40%, according to a new study released by German think-and-do-tank Energy Watch Group (EWG). The International Energy Agency (IEA) is “repeatedly playing down” the climate impact of natural gas, thus laying the foundation for national governments to continue […]
Top 3 in September: New fossil fuel subsidies planned in EU, Tesla, decarbonization
The world is taking strides to a point of no return on climate breakdown, yet no less than 5 EU member states are planning to introduce new fossil fuel subsidies by 2030. This story was number-one on our English-language Top 3 Most Read list for September. The Top 3 Most Read list for September is […]
Greece, Slovenia among five EU countries to introduce new fossil fuel subsidies – report
Five EU countries including the UK, Germany, Greece, Poland, and Slovenia are looking to introduce new fossil fuel subsidies by 2030, an analysis of the 28 Member States’ draft energy and climate plans (NECPs) has revealed. In a new report, “Fossil fuel subsidies in draft EU National Energy and Climate Plans: Shortcomings and final call […]
