The European Investment Bank (EIB) has raisedthe sum through sales of emission allowances for the European Commission’s NER 300 technologyprogramme.
Thesecond-tranche sale builds on the €1.5bn pulled in in 2011-12, during the firstoffering, of which €1.2bn has since been awarded to 23 projects.
“Successfulcompletion of monetisation of carbon allowances under the NER300 scheme willhelp both carbon-capture-and-storage schemes and innovative renewable-energyprojects across Europe reach a commercial scale,” says EIB vice-presidentJonathan Taylor.
The
