The European Investment Bank (EIB) is the world’s largest multilateral lender, bigger even than the World Bank. As a public bank, it’s tasked with providing finance in the EU public interest, and it has an outsized influence on the EU’s energy system because of the private investment it can “crowd in” and the sheer amount of money it has at its disposal.
European Union
Climate Deniers Push for Brexit Which Could Fast-Track Fracking
Leading climate denial organisations in the UK are pushing for Brexit which could fast-track fracking.
Europe Buckles to Canadian Bullying on Climate
A proposal to label the dirty tar sands as more polluting than conventional oil has been spectacularly abandoned by the European Commission after a four year lobbying campaign by the Canadians.
More Evidence Tar Sands “Linked to Cancer”
Later today, a scientific study which has examined the health impacts of the toxic tar sands on the health of Canada’s First Nations at Fort Chipewyan in Alberta, will be released.
EU Buckles to Brutal Canadian Lobbying Over the Tar Sands
After one of the most aggressive and disingenuous lobbying campaigns in recent years, Canada has won “big concessions” in its fight against the landmark European climate legislation, called the Fuel Quality Directive (FQD)
Will Tar Sands Soon Be on Way to Europe?
As political pressure mounts in the US to lift the country’s decades-old crude oil export ban, Reuters reported yesterday that the US government has recently authorized limited re-exports of foreign crude to Europe for the first time in years. According to data the news agency obtained via Freedom of Information requests, the Department of Commerce … Read More
Tar Sands Imports to EU Equivalent to Six Million Extra Cars
As the European Commission continues to deliberate as to whether to adopt its landmark climate change legislation, called the Fuel Quality Directive (FQD), there is increasing evidence that planned pipelines in North America could turn Europe into a significant market for the Canadian tar sands.
Scientists and Senators Concerned About U.S Undermining EU’s Climate Legislation
Leading scientists and American politicians are worried that the the US is trying to undermine the EU’s landmark Fuel Quality Directive
Europe Votes for Fracking Audits
As fracking fervour sweeps across Europe, the region’s politicians yesterday narrowly voted to force energy companies to carry out in-depth environmental audits before they frack.
Canada Ignores Climate Warning in Dirty Lobby Campaign
The day after the world’s leading scientists called for urgent action on climate change, the Albertan government dispatched two politicians to Europe to continue their dirty lobby PR campaign against Europe’s progressive climate legislation.