The European Investment Bank’s (EIB) board granted it’s biggest ever investment this week, a £1.3 billion loan for the Trans Adriatic Pipeline (TAP). This contentious grant has been attacked by those fighting for democracy and climate justice. KATIE HODGETTS dissects 2018’s most controversial decision…
The Trans Adriatic Pipeline project that will transport gas across Southern Europe was promised a £1.3 billion loan from the European Investment Bank. But research suggests burning the gas will create as much carbon emissions as using coal. Environmentalists have therefore questioned the wisdom of the decision. ARTHUR WYNS reports
