GREENPEACE EXPOSES THE EU’S DIRTY ENERGY SUBSIDIES

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Greenpeace International

2005

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invest in a clean energy future! 3

list of figures 3

list of tables 3

summary 4

I INTRODUCTION 6

II EU INSTITUTION 9

i international financial institutions 9

European investment bank 9

world bank

European bank of reconstruction and development 9

ii European commission framework programmes 10

member states research and development 11

iii European union energy support programmes 12

coal 12

nuclear power 12

international support programmes 12

euratom 12

British energy and nuclear liabilities 12

iv energy infrastructure programme 13

trans-European energy networks 13

structural funds 13

III ENVIRONMENTAL EXTERNALITIES 15

i nuclear liability 15

ii cost of climate change 15