NER 300: Prize fund for carbon capture projects shrinks by £800m

clock

Michael Liebreich, at Bloomberg New Energy Finance blames eurozone crisis for decline in the value of NER 300

The future of carbon capture and storage in Europe has been thrown into doubt after £800m was wiped off the value of a prize fund for developing the technology. The NER300 fund was supposed to encourage...

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 Carbon Trading

State of Carbon Credits 2025: Market passes $1bn as higher prices offset falling volumes

State of Carbon Credits 2025: Market passes $1bn as higher prices offset falling volumes

Price premiums drive six per cent increase in the value of the carbon market, new Sylvera report finds

Stuart Stone
clock 15 January 2026 • 5 min read
Why 2026 is the year of opportunity for carbon markets

Why 2026 is the year of opportunity for carbon markets

The year ahead will shape the future of climate finance, as leaders decide how carbon markets are implemented in practice, writes Beatriz Granziera from The Nature Conservancy

Beatriz Granziera, the Nature Conservancy
clock 30 December 2025 • 4 min read
Study: Core Carbon Principle-labelled credits command 25 per cent price premium

Study: Core Carbon Principle-labelled credits command 25 per cent price premium

Demand for high-integrity credits driven by US, where carbon removals projects are issuing around 20 per cent of global supply, study finds

Stuart Stone
clock 05 December 2025 • 3 min read