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EU declares no winner in carbon capture competition

Posted on 19 December 2012

First round of a contest to fund CCS projects has failed to find a winner, after setting aside €275m. The first round of a European commission contest to fund carbon capture and storage (CCS) projects failed to find a winner, the EU’s executive said on Tuesday, deepening concerns that the technology will not be emerging soon to help cut emissions.
CCS developers will be able to resubmit bids for a second round, which environment commissioner Connie Hedegaard said should be concluded within a year. “Within 12 months we will be able to award the second round. We would like to make a very fast second call, as fast as possible,” she said………………………………………..Full Article: Source


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