BiH, Kosovo*, Serbia pay EUR 444 million in coal subsidies, EUR 147 million for renewables – report
The three most coal-intensive Energy Community (EnC) Contracting Parties – Bosnia and Herzegovina, Kosovo*, and Serbia – paid a total of EUR 444 million in direct subsidies to coal, while their incentives for production from renewables reached EUR 147 million during the period 2015-2017. The total sum of direct subsidies in all Contracting Parties, including […]
IEEFA: GE lost billions in market capitalization by misjudging energy transition
According to a report by the Institute for Energy Economics and Financial Analysis (IEEFA), General Electric (GE) lost USD 193 billion or 74% of its market capitalization over 2016-2018. “This value destruction was driven in large measure by the collapse of the new thermal power construction market globally – a collapse which caught GE entirely […]
World Environment Day: Air pollution causes nearly 5,000 premature deaths in 19 Western Balkan cities
Air pollution is directly responsible for up to one in five premature deaths in 19 Western Balkan cities, suggest preliminary results from a report led by the United Nations Environment Programme (UN Environment). Today is World Environment Day, the UN’ most important day for celebrating the environment, and the theme to the 2019 edition is […]
Western Balkan coal power plants are health, economic liability for entire Europe – environmental organizations
Sixteen outdated coal power plants in the Western Balkans are a public health and economic liability for the whole of Europe, with people in the EU bearing the majority of the health impacts and costs, according to a new report by the Health and Environment Alliance (HEAL), Sandbag, Climate Action Network (CAN) Europe, CEE Bankwatch […]
Balkan region maintaining record high air pollution, doesn’t tackle main sources
Author: Vlatka Matković Puljić, Senior Policy Officer, Health and Energy, Health & Environment Alliance (HEAL) Yet another year, this winter, air pollution hits countries in the Balkan region hard – most of them for many consecutive days struggle with air pollution that is unhealthy to breathe. New World Health Organization (WHO) data[1] shows that Macedonia […]
Political economy of energy transition in Energy Community
Author: Mirza Kušljugić, Faculty of Electrical Engineering, University of Tuzla Conventional electric power systems, which are based on the use of fossil fuels, are unsustainable in the long term, primarily due to their adverse climate change impact. For this reason, the collective efforts by the international community formulated in the Paris climate agreement, are aimed at […]