euractiv
Published: 02 February 2011 Updated: 04 February 2011
Environmentalists are warning that a new coal plant which has secured €770 million of loans from European financial institutions risks turning the EU's 2050 climate goals into a "laughing stock".
Environmentalists are warning that a new coal plant which has secured €770 million of loans from European financial institutions risks turning the EU's 2050 climate goals into a "laughing stock".
The proposed 600MW coal plant at Termoelektrarna Sostanj in Slovenia will replace five less-efficient units, which had reached the end of their lifespans.
But it will burn lignite – a high-carbon brown coal – in quantities sufficient to use up all the country's permitted carbon emissions quota by 2050, according to Jernej Stritih, director of Slovenia's governmental office for climate change.
But it will burn lignite – a high-carbon brown coal – in quantities sufficient to use up all the country's permitted carbon emissions quota by 2050, according to Jernej Stritih, director of Slovenia's governmental office for climate change.
read more: euractiv
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