Sat, Dec 27, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Energy, Investment more

EU puts EUR1.2bln into pilot renewable energy projects

Posted on 19 December 2012

The European Commission announced yesterday that it was putting ¤1.2bn ($1.56bn) into renewable energy demonstration projects but had found no carbon capture ventures to back.
EU Climate Change Commissioner Connie Hedegaard said the funding came in part from the EU’s carbon trading system, so that in effect polluters were paying, while the private sector would provide another ¤2bn investment. “This will help the EU keep its front-runner position on renewables and create jobs here and now, in the EU,” Hedegaard said………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38584 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031