Greece and Spain are facing serious threats with coal projects



Posted on 14 March 2014  | 
WWF calls on the Bank to say goodbye to old-fashioned king coal and invest more in renewables and energy savings.
© WWFEnlarge
The Greek Public Power Corporation (PPC) and the Greek government are planning the construction of a new dirty giant: the lignite plant “Ptolemaida V”. This anachronistic 660MWe capacity unit will cost 1.4 billion euros. The German KfW Banking Group is the only investor in this obsolete project.
Greece’s petition: http://www.wwf.gr/ptolemaida5en/?lang=gr

The Spanish Government approved the beginning of oil exploration drilling in the Atlantic Ocean, close to the Canary Islands, in March 2012. The drilling zone will be situated at just 10 kilometres from the main beaches of the island of Fuerteventura and 18 kilometres from the island of Lanzarote, both of which are designated United Nations Biosphere Reserves. The Canary Islands are one of the most well-known tourist destinations in the world, receiving more than 12 million visitors annually.
Spain’s petition: http://www.savecanarias.org/

WWF calls on the Bank to say goodbye to old-fashioned king coal and invest more in renewables and energy savings.
© WWF Enlarge

Subscribe to our mailing list

* indicates required