Brussels, 08/07/2014 (Agence Europe) - The European Commission announced on Tuesday 8 July that it has awarded €1 billion in funding to 19 projects to fight climate change under the second call of the NER 300 funding programme (New Entrants Reserve, see EUROPE 10819). The funding for the projects comes from revenues resulting from the sale of emission allowances in the EU Emissions Trading System. This makes the polluters the driving force behind developing new low-carbon initiatives.
The...