An official cost-benefit study of the proposed ‘MidCat’ gas pipeline connecting France and Spain, prepared for the European Commission, has poured scorn on the controversial fossil fuel project.
Friends of the Earth Netherlands announced today that they will take Shell to court if it does not act on demands to stop its destruction of the climate.
The Friends of the Earth Netherlands case is the first climate lawsuit demanding a fossil fuel company acts on climate change, rather than seeking compensation. This ground-breaking case, if successful, would significantly limit Shell's investments in oil and gas globally by forcing them to comply with climate targets.
The Croatian government wants to build a fossil gas terminal on the island of Krk, the most populous island in the Adriatic Sea. This project is unnecessary, unwanted and damages climate and the environment, argues Marija Mileta from Zelena akcija/Friends of the Earth Croatia.
Prague, Brussels, Rome, London – Today the board of directors of the European Investment Bank (EIB) green-lighted a EUR 93 million loan to the Trans Anatolian gas pipeline (TANAP), the Turkish section of the Southern Gas Corridor, a month after handing out the largest ever fossil fuels loan to the western section of the same project.
What happens when a town strikes gas? 30 years after Shell and ExxonMobil opened up Europe's biggest gas field for drilling, the residents of Groningen are finding out – regular earthquakes are destroying people's homes, leaving them too dangerous to live in and too expensive to fix. Meanwhile, while north-west Europe continues to burn fossil gas, the low-lying region sits perilously close to the sea level.
Members of the EU Parliament’s energy committee have supported reform of energy markets to restrict subsidies for dirty fossil fuel power plants, but failed to reject new gas infrastructure, in two important votes on climate and energy today.
CEE Bankwatch Network, Counter Balance, Friends of the Earth Europe, 350.org
The European Investment Bank (EIB) voted today to hand out one of Europe’s largest ever loans to one of the EU’s largest fossil fuel projects, the contentious Trans Adriatic Pipeline (TAP).
The European Commission today announced new subsidies for fossil fuels, with nearly €200 million for gas projects, as part of a larger package of energy investments for 2018.
***Update 18 April: The Milan court hearing scheduled today on the Nigerian Ikebiri community's case against oil giant ENI/NAOC has been postponed as, both parties sought the court's permission to suspend the case to allow them to explore further the possibility of an out-of-court settlement that could end the conflict. We expect that the company will now offer adequate compensation and clean up according to the community's legitimate grievance. The court has agreed to set the next hearing for October 23, 2018.***
Today, at a board meeting in Luxembourg the European Investment Bank (EIB) has decided, for now, to postpone loaning €1.5 billion to the controversial Trans-Adriatic Pipeline (TAP).