Norway offers EU €140m for carbon capture
The Norwegian Prime Minister Jens Stoltenberg offered European Union countries some €140 million (1 bn kroner) to support the development of carbon capture and storage projects - an experimental and highly controversial technology that aims to scrub industrial processes of their CO2 emissions. "The EU is a driving force in the development and implementation of CCS technologies," Mr Stoltenberg told reporters ahead of a major international conference on the subject in Bergen, Norway. The funds are not new monies. Rather, his government is ready to earmark the sum over five years to support CCS projects in "select EU member states" as part of the country's upcoming contribution to the European Economic Area.
Internet: http://euobserver.com/9/28198
Posted on: 04.06.2009