EIB ‘haunted’ by decision to fund Slovenian coal plant

Slovenia plans to build a new 600 MW unit for the Šoštanj lignite power plant (TEŠ6) which would replace the power plant’s existing units 1-4 and possibly 5. Its promoters argue with increased efficiency, but in fact, this one lignite power plant alone will swallow up almost the country's entire carbon budget by 2050 claims environmental protesters.

• Primary Source

Wikipedia: Šoštanj http://en.wikipedia.org/wiki/%C5%A0o%C5%A1tanj

Website: Termoelektrarna Sostanj http://www.te-sostanj.si/en/

European Investment Bank: Projects Topics: Sustainable, Competitive & Secure Energy http://www.eib.org/projects/topics/energy/index.htm

Counter Balance: News, 01.03.13: Why the EIB got the 'Coal Down' Protest http://www.counterbalance-eib.org/?p=2226

CEE Bankwatch Network: Our Work: Sostanj lignite thermal power plant unit 6, Slovenia http://bankwatch.org/our-work/projects/sostanj-lignite-thermal-power-plant-unit-6-slovenia

EBRD: Projects: Modernisation and Reconstruction of Termoelektrarna Šoštanj Power Plant, 2009 http://www.ebrd.com/pages/project/eia/40417.pdf

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