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European Union Will Begin $7 Billion Carbon Capture and Storage Subsidies


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The European Union said it will open a contest tomorrow for the first portion of about 5 billion euros ($7 billion) in subsidies to store carbon dioxide underground and promote renewable energy.

The EU will invite bids for

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  3. European Union Distribution Plan May Put `Upward Pressure’ on Carbon Price
  4. European Union Carbon’s Premium to UN Offsets Widens to Three-Month High
  5. DOE grants $1 billion for carbon capture and storage project

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