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Leak: polluters gut EU green finance rules
Major concessions to polluting industries under new EU sustainable finance rules, leaked on Monday, would stab the EU green deal in the heart, said Greenpeace.
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Paragliding activists land on ECB to expose support for fossil fuels
Brussels/Frankfurt – Activists on paragliders landed on the headquarters of the European Central Bank (ECB) in Frankfurt on Wednesday, on the eve of a meeting of the ECB’s governing board, to protest its climate-killing monetary policy. The protest comes in the wake of a new report revealing how the rules governing which assets private banks…
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The hypocrisy of the fossil fuel industry’s “genderwashing”
Climate breakdown and pollution hurt women more, but fossil fuel companies use International Women's Day as a branding exercise.
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EU Commission sleight of hand keeps money flowing to dirty gas
The European Commission’s proposed update of the rules for Europe’s energy networks leaves the dominant role of the gas industry untouched and public money still flowing to dirty gas
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EU governments cling to fossilised world order, Greenpeace
Brussels, 11 December 2020 – A deal to creep up the EU’s climate target for 2030 at a summit in Brussels exposes a reluctance by governments to follow the science and tackle the root causes of the climate emergency, said Greenpeace.
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Hot air balloon activists blast EU’s inflated climate promises
Brussels – With the European Union’s climate credibility hanging by a thread, activists floated a 27-metre hot air balloon at a make-or-break summit on Thursday to warn that governments are not doing enough to confront the climate emergency.
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ECB’s new bond purchasing worth €500 billion exacerbates the climate crisis
Frankfurt/ Brussels – The European Central Bank (ECB) governing council today approved new bond purchasing worth €500 billion. The bank’s decision, while responding to the economic crisis triggered by the…
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Burning gas and trees labelled as ‘green’ in EU Commission’s sustainable investment rulebook
Brussels – The European Commission has opened the door to funding for polluting gas, bioenergy and cars by classifying them as ‘sustainable’ in a draft rulebook on green investments, known as taxonomy.
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EIB’s climate promises go up in flames
Brussels – The European Investment Bank (EIB) board of directors approved a climate roadmap for 2021-2025 that fails to require all companies and intermediaries receiving funding to adopt adequate decarbonisation…
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Gas prepares to cash in as MEPs back €672.5 billion coronavirus recovery fund
Brussels – MEPs in the European Parliament’s budget and economic affairs committees are today expected to open up the possibility for the fossil fuels industry to access an unprecedented €672.5…