EU finally approves €4bn CCS plan

clock • 1 min read

300 million permits from EU Emissions Trading Scheme reserves to pay for eight CCS plants

EU member states have approved a plan to share out €4bn (£3.5bn) to develop carbon capture and storage (CCS) schemes and fund high-tech renewables projects. At least eight CCS projects will receive...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Technology

Report: Mobile phone networks claim to have decoupled emissions from growth

Report: Mobile phone networks claim to have decoupled emissions from growth

Global mobile phone network industry body claims operators have slashed emissions while growing connections and data traffic

Michael Holder
clock 18 June 2025 • 3 min read
Oil giants ink deals with drone operator Flylogix to monitor UK methane emissions

Oil giants ink deals with drone operator Flylogix to monitor UK methane emissions

Flylogix lands contracts with Shell, Ithaca Energy, and Equinor that will see it use drones to help tackle methane emissions from North Sea oil and gas platforms

clock 10 June 2025 • 2 min read
How the €250,000 lab-grown burger cut costs by more than 99.99 per cent

How the €250,000 lab-grown burger cut costs by more than 99.99 per cent

Mosa Meat reveals that it hopes to deliver its cultivated meat burgers in selected restaurants from next year

James Murray
clock 05 June 2025 • 4 min read