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close this bookSustainable Energy News - No. 26 - August 1999 (INFORSE, 1999, 18 p.)
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View the documentINFORSE-Europe: E-mail Meeting, Wind Campaign, Pan-European Energy Efficiency to National Actions
View the documentNew Federation of Renewable Producers
View the documentK2R4 Decision in September
View the documentGermany to Double Renewables
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View the documentAntinuclear Camps in Russia
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View the documentUpcoming EU Directives for Renewable Energy

K2R4 Decision in September

The decision about a loan from the European Bank for Reconstruction and Development (EBRD) to the two proposed nuclear power plants in Ukraine, Khmelnitsky 2 and Rivne 4 (K2R4) is postponed from July until September. This delay is partly due to the decision of the German Parliament against the loan (decision of June this year). The delay will not necessarily lead to giving up the loan, as strong forces in the G7-countries and Ukraine are pushing for it. Lately, the Siemens company has been very active in lobbying for the loan that would give additional income to their nuclear division.

The delay gives a bit time for NGO-activities to stop the loan and lead the way for more sustainable investments.

Contacts:
A Seed EBRD Campaign, http://antenna.nl/aseed/ebrd
K2R4 Campaign, http://www.ecn.cz/k2r4