BRUSSELS (dpa-AFX) – With €3.6 billion in emissions trading, the EU Commission wants to support 41 large clean technologies projects in Europe – including 7 in Germany. Projects from various sectors such as the cement and steel sector in the field of sustainable fuels, wind and solar energy are to be funded, the Brussels Authority announced on Thursday.
She said the money would help preserve the environment in important sectors of the European economy – especially those that are “difficult to decarbonize”.
All funded projects must be commissioned before 2030. They have the potential to avoid 221 million tons of CO2 emissions in the first 10 years of their operation.
Emissions trading is one of the most important tools of the European climate protection programme. For example, companies are required to purchase pollution certificates if carbon dioxide (CO2) is emitted. This should create an incentive to produce less CO2./xx/DP/jha
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