Tag Archives: energy policy

EIB hoax – coal down award [full video]

A European Investment Bank (EIB) that would cease lending to coal projects and eventually all fossil fuels is still a dream. However last Thursday we dreamed out loud and imagined how it would be. Effects would be tremendous: the EIB could play a leading role in decarbonising Europe’s energy infrastructure, it would be applauded by […]

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Dreams of European Investment Bank Quitting Coal Go Up in Smoke – For Now

Brussels — The European Investment Bank (EIB) president Werner Hoyer was forced to say this morning, during the EIB’s annual press conference, that an announcement that the bank would give up lending to coal was “pure nonsense”. And this, despite the fact that Hoyer repeatedly referred to the EIB as a frontrunner in the fight […]

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Recommendations to the European Investment Bank on its energy lending

The EIB is the European Union’s house bank, committed to furthering the EU’s goals, including reducing greenhouse gas emissions by 20 percent by 2020 and by 80-95 percent by 2050 compared to 1990 levels. Energy represents the second largest lending category in the bank’s overall portfolio which has reached 60 billion Euros in 2011. However […]

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