Carbon capture to net €1bn of infrastructure funds
Thursday, February 9, 2012
Experimental technology to capture, store and bury carbon emissions in geological formations is in line to receive a payout of as much as €1.37 billion from the EU’s energy infrastructure package, EurActiv has learned. The funding could prove controversial as carbon capture and storage, or CCS, is an unproven technology that critics say is not commercially viable, climate-friendly or safe.Supporters on the other hand say CCS will be crucial to reducing the global warming impact of ...