
Pressure on EU Parliament to close Just Transition Fund loophole
September 8, 2020 9:57 amThe European Parliament will decide whether it would allow fossil fuel companies to hijack the EU’s iconic Just Transition Fund.
The European Parliament will decide whether it would allow fossil fuel companies to hijack the EU’s iconic Just Transition Fund.
Swedish utility Vattenfall has leapt at the chance to shut down its five year-old, uneconomic Moorburg coal power plant.
Turów, 30 August 2020 - Local citizens and people from across Poland, Germany and the Czech Republic are kayaking to the Turów mine today, in protest of the failure of their governments and EU institutions to uphold laws protecting them and their water from the mining and burning of coal.
Eight Spanish coal power plants are expected to close, and a host of coal units in Poland, the Czech Republic and Slovakia face a very challenging future.
European financial institutions and international investors and banks including BlackRock and the Japanese megabanks are keeping Europe’s terminally declining coal industry on life support, handing companies €12 billion in investment, and €9.8 billion in loans and underwriting in less than 1.5 years, according to a new report.
Portuguese energy company EDP has announced the closure of its Sines coal plant, bringing the shutdown forward by two years to 2021.
A new set of digital tools were launched to highlight coal utilities and financial institutions that continue to hold back progress.
The Czech Republic’s coal commission will join state-owned energy company ČEZ tomorrow to hold a ceremony marking the closure of the Prunerov I coal plant.
Polish Energy company Energa has confirmed that its controversial 1,000 MW Ostrołęka C coal plant project in Poland will not go ahead.