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EU pumps 10 billion euros for burying CO2

EU is close to agreeing on a source of public funding for power stations to trap and bury CO2. The EU said up to 10 billion euros ($14.20 billion) could be used from a strategic reserve of emission permits to promote the emerging technology. Companies such as Siemens are working on cutting-edge technology to trap CO2, and pump it into empty gas fields and deep underground caverns. (Sep 2008) - Read More

Tags : ccs co2 sequestration europe

Topics : Climate Pollutions

20/20/20 by 2020

In January 2008, the EU specified targets for its member countries to achieve on greenhouse gas emissions. Dubbed "20/20/20 by 2020," they seek to ensure that by 2020, Europe cuts greenhouse gas emissions by 20%, produces 20% of its energy from renewable sources and increases energy efficiency by 20%. - Read More

Tags : europe europe renewable energy europe energy efficiency energy efficiency

Topics : Pollutions Climate

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