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Poland s plan to extend coal mine s life could cost it EU climate funds | WSAU News/Talk 550 AM · 99 9 FM

By Syndicated Content By Kate Abnett BRUSSELS (Reuters) – Poland’s plan to extend the life of a coal mine in Turow until 2044 could mean the region will not get access to the European Union’s flagship green transition fund, the European Commission said on Monday. The EU’s “Just Transition Fund” is a 17.5-billion euro slice of the bloc’s budget and COVID-19 recovery fund, set aside to help regions wind down fossil fuel industries and replace them with green enterprises and jobs. The aim is to protect communities most affected as the EU overhauls its economy to become climate neutral by 2050. Poland, which employs more than half of Europe’s coal industry workforce, is in line for the biggest share of the fund.

Poland s plan to extend coal mine s life could cost it EU climate funds

3 Min Read BRUSSELS (Reuters) - Poland’s plan to extend the life of a coal mine in Turow until 2044 could mean the region will not get access to the European Union’s flagship green transition fund, the European Commission said on Monday. FILE PHOTO: A view of cooling towers at Turow Power Station in Bogatynia, southern Poland, March 19, 2012. REUTERS/Kacper Pempel The EU’s “Just Transition Fund” is a 17.5-billion euro slice of the bloc’s budget and COVID-19 recovery fund, set aside to help regions wind down fossil fuel industries and replace them with green enterprises and jobs. The aim is to protect communities most affected as the EU overhauls its economy to become climate neutral by 2050. Poland, which employs more than half of Europe’s coal industry workforce, is in line for the biggest share of the fund.

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