EBRD BACKS SERB COAL MINING PROJECT, DESPITE ENVIRONMENTALIST OBJECTIONS
July 1st, 2011
BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction & Development (EBRD) will push ahead with its plan to lend Euro EUR80 million to help Serbia's main electricity company expand its coal production, despite objections from environmentalists.
In fact said EBRD spokesman Sergiy Grytsenko, by helping Elektroprivreda Srbije (EPS) use more modern coal processing technology at its Kolubara mining basin, the loan would reduce the amount of carbon polluting the atmosphere through EPS' coal-fired power stations, which consume the country's extensive lignite ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.