ENGIE : remplacer un problème par un autre

Reclaim Finance criticizes ENGIE for its 'false' coal exit strategy, which involves selling coal plants to third parties or converting them to biomass and fossil gas. The document highlights specific cases in Germany, the Netherlands, Brazil, Morocco, and Chile, arguing that these actions avoid corporate responsibility for environmental damage and fail to align with a 1.5 °C warming trajectory.

• ENGIE has reduced its coal production capacity primarily through the sale of assets rather than closures, selling 16 coal plants since COP21, which accounts for 60% of its total coal capacity reduction.
• The company has sold coal assets to entities that continue to operate them, such as the sale of four plants in Germany and the Netherlands to Riverstone Holdings, and two plants in Brazil (Jorge Lacerda and Pampa Sul). It is also seeking to sell the Safi plant in Morocco.
• In Chile, ENGIE is converting the Andina and Hornitos plants to wood biomass (expected completion by end of 2024) and the IEM plant to fossil gas, a strategy the document claims lacks transparency regarding fuel sourcing.
• The conversion to biomass in Chile is criticized by NGOs Chile Sustentable and Biofuelwatch, who argue that the volume of wood pellets or chips required would cause significant damage to forests and ecosystems and create local community conflicts.
• There are concerns that the fossil gas for the IEM plant in Chile may be shale gas in the form of LNG from the United States or transported via pipeline from Vaca Muerta in Argentina.

APA

Martin, L. (2022). ENGIE : remplacer un problème par un autre. Reclaim Finance. https://reclaimfinance.org/site/2022/11/16/engie-remplacer-un-probleme-par-un-autre/

Chicago

Martin, Léo. ENGIE : remplacer un problème par un autre. Reclaim Finance, 2022. https://reclaimfinance.org/site/2022/11/16/engie-remplacer-un-probleme-par-un-autre/.

Wikipedia

{{cite press release |last1=Martin |first1=Léo |title=ENGIE : remplacer un problème par un autre |publisher=Reclaim Finance |date=16 November 2022 |url=https://reclaimfinance.org/site/2022/11/16/engie-remplacer-un-probleme-par-un-autre/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{martin2022engie, author = {Martin, Léo}, title = {{ENGIE : remplacer un problème par un autre}}, publisher = {Reclaim Finance}, year = {2022}, month = nov, url = {https://reclaimfinance.org/site/2022/11/16/engie-remplacer-un-probleme-par-un-autre/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }