• About
  • Which Energy Mix is this?
  • Contact
Celebrating our 1,000th edition. The climate news you need
No Result
View All Result
The Energy Mix
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
SUBSCRIBE
DONATE
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
SUBSCRIBE
DONATE
No Result
View All Result
The Energy Mix
No Result
View All Result
  FEATURED
EXCLUSIVE: Bid to Revive Doomed Nova Scotia LNG Project Collides with Germany’s Net-Zero Plans May 16, 2022
3,800 Residents Ordered to Evacuate after Flooding in Hay River, NWT May 16, 2022
India Halts Wheat Exports to Protect Food Security as Southeast Asia Faces Deadly Heat Wave May 16, 2022
195 ‘Carbon Bombs’ Show Fossils On Track to Shatter 1.5° Target May 12, 2022
More Fossil Fuel Burning Will Drive Super-Cyclones, Farmland Loss May 12, 2022
Next
Prev
Home Demand & Distribution Clean Electricity Grid

BREAKING: Cancelled Project Means the ‘End of New Coal’ in Europe

February 14, 2020
Reading time: 2 minutes

BREAKING: Cancelled Project Means the ‘End of New Coal’ in Europe

PanSG/wikimedia commons

40
SHARES
 

Lawyers at ClientEarth are heralding “the end for new coal” in Europe, after Polish utilities Enea and Energa announced last night that they would suspend work on the controversial new Ostrołęka C plant, citing economic concerns.

The companies said “billions of zlotys in promised funding would be pulled from the plant due to changing market circumstances triggered by climate policy, and the continued flight of global capital away from coal,” the London-based legal charity says in a release.

The companies’ announcement cites changing market conditions and difficulties obtaining external financing.

“It was clear from the start that this plant was a stranded asset in the making and would destroy value for shareholders,” said Marcin Stoczkiewicz, ClientEarth’s head of Central and Eastern Europe, said in a release.

“In Poland, coal power has been fiercely defended—but the economics are coming to bear and companies can no longer deny it,” he added. “It is only fair to workers, communities, and the planet to embrace this shift now, not when it’s too late.”

ClientEarth says it won two lawsuits against Enea in the second half of last year. In August, a court invalidated the decision to proceed with construction. In November, a judge instructed the company to “publish documents that would explain how the plant would be profitable,” the release recounts. “The company had not provided these documents, nor an explanation of where the necessary extra funding would come from, before the release of the decision to put the project on hold.”

But the Ostrołęka C story isn’t over just yet, after Poland’s Minister of State Assets Jacek Sasin said the project might be converted from coal to gas. “This option is still harmful for the climate, as gas is still a fossil fuel with significant life cycle emissions,” ClientEarth warns.

 



in Clean Electricity Grid, Coal, Community Climate Finance, Drive to 1.5, Ending Emissions, Legal & Regulatory, Oil & Gas, UK & Europe

The latest climate news and analysis, direct to your inbox

Subscribe

Related Posts

Analysis: Ontario Sabotages Ottawa’s 2030 Emissions Plan
Energy Politics

Op Ed Slams Ford’s ‘Dismal’ Climate and Environment Record in Ontario

May 17, 2022
0
Floating Tidal Project Linked to Nova Scotia Grid in Canadian First
Wave & Tidal

Floating Tidal Project Linked to Nova Scotia Grid in Canadian First

May 17, 2022
1
South Africa President Pledges Climate Adaptation As Floods Leave 448 Dead
Severe Storms & Flooding

Climate Change Doubled Likelihood of South Africa Floods, Study Finds

May 17, 2022
1

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Trending Stories

Fossils Fret as McKenna Sends Mammoth LNG Project to Cabinet Review

EXCLUSIVE: Bid to Revive Doomed Nova Scotia LNG Project Collides with Germany’s Net-Zero Plans

May 16, 2022
339
New York Looks to Replace Six Gas Peaker Plants, Brings Environmental Justice Groups Into the Process

Ontario Power Emissions to Rise 400% After Ford Cancels Hundreds of Renewables Projects

May 14, 2022
351
Fossil Industry Faces ‘Epochal Change’ in Saudi Aramco IPO

Trade Protection for Fossils Could Add Hundreds of Billions to Cost of Climate Action

May 16, 2022
107
Analysts Search for Details as UK Pledges 78% Carbon Cut by 2035

Ontario Pushes EV Charging, Leaves Out Vehicle Incentives in Run-Up to June Vote

May 17, 2022
108
3,800 Residents Ordered to Evacuate after Flooding in Hay River, NWT

3,800 Residents Ordered to Evacuate after Flooding in Hay River, NWT

May 16, 2022
84
B.C. Plan Risks GHG Emissions from ‘Blue’ Hydrogen

Methane Emissions Far Exceed Reported Levels as Ontario Plans New Gas Plants

May 16, 2022
100

Recent Posts

Record 2016 Heat Almost Hits Paris’ Aspirational 1.5ºC Ceiling

India Halts Wheat Exports to Protect Food Security as Southeast Asia Faces Deadly Heat Wave

May 16, 2022
92
Fossils ‘Stunned’, ‘Aghast’ After Biden Pauses New Oil and Gas Leases

U.S. Cancels Oil and Gas Lease Sales in Gulf of Mexico, Alaska, with Five-Year Drilling Plan in Doubt

May 16, 2022
66
4.3 Million Displaced, 1.5 Million Could Starve as Oil Fuels South Sudan Civil War

Cities Must Prepare for Waves of Climate Refugees: Panel

May 16, 2022
83
VCIB Unveils First Dedicated Loan Program for Commercial Solar Projects

Distributed Energy Matches New Gas Capacity in the U.S., Lags in Canada

May 16, 2022
96
Canadian Solar Announces Probe into Forced Labour Allegations

Canadian Solar Announces Probe into Forced Labour Allegations

May 16, 2022
27
Storm, Erosion Send North Carolina Beach Houses Sliding Into the Sea

Storm, Erosion Send North Carolina Beach Houses Sliding Into the Sea

May 16, 2022
55
Next Post
Climate research struggles to find funding

Climate research struggles to find funding

The Energy Mix

Copyright 2022 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.

Navigate Site

  • About
  • Contact
  • Privacy Policy and Copyright
  • Cookie Policy

Follow Us

No Result
View All Result
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities

Copyright 2022 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?