
Barclays risks investor revolt with new fossil fuel policy
March 30, 2020 3:59 pmUK bank Barclays has bypassed an opportunity to put right its weak fossil fuel policy with the release of its new environmental report.
UK bank Barclays has bypassed an opportunity to put right its weak fossil fuel policy with the release of its new environmental report.
ContourGlobal, a power generator, has announced today that it has abandoned its plans to construct a 500-megawatt coal-fired power plant in Kosovo.
German energy company Uniper has confirmed it does not intend to align its business with the goals of the Paris climate agreement.
North Macedonian government approved a national energy strategy, the first country in the Western Balkans to consider a coal phase-out before 2030.
Polish energy companies Enea SA and Energa SA have suspended financing for Ostrołęka C, the last coal plant under construction in Poland.
Polish authorities have controversially rubber-stamped an environmental permit for the expansion of PGE’s Turów open-pit lignite mine.
Explosive leaked documents show that coal company LEAG’s 2016 mine plans are identical to the coal phase-out plan it and other lignite utilities.
Poland has taken a welcome step forward on phasing out coal this week, after state-owned coal utility PGE permanently closed the B1.
Civil society organisations warn the Polish insurer PZU that it is risking its business, reputation, and the health of tens of thousands of people across Poland’s southern border on a coal project dismissed by its competitors.